As we’ve written about here in the past, the North Carolina state government is considering a series of tax reforms, including assessing sales tax on “amusement activities.” ARTS North Carolina believes such a tax would hurt arts organizations across the state, and is asking individuals and organizations in counties with Legislators who serve on the Revenue […]
Tag Archives: tax reform
Tax Reform Update
Wednesday, July 17, 2013
From our friends at Arts North Carolina: A Tax Reform package passed both the House and the Senate today. The package ensures that arts nonprofits continue to receive sales tax refunds; the cap on refunds is $45,000. The package also includes full tax credit for charitable donations from people who itemize. It does not include […]