Allows the Durham city council to levy an annual privilege license tax after no less than 10 days' public notice and a public hearing. Exempts business engaged in an activity listed in GS 160A-206. The amount of the tax is either $50, $500, or $5,000 depending on the number of employees at the business location as of June 30. Provides for the administration of the tax, penalties, and collection of the tax. Applies to taxable years beginning on or after July 1, 2015.
DURHAM PRIVILEGE LICENSE TAX.
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| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO AUTHORIZE THE CITY OF DURHAM TO LEVY A LOCAL PRIVILEGE LICENSE TAX.Intro. by Luebke.
Status: Ref to the Com on Local Government, if favorable, Finance (House Action) (Apr 2 2015)
Bill History:
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Wed, 1 Apr 2015 House: Filed
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Thu, 2 Apr 2015 House: Passed 1st Reading
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Thu, 2 Apr 2015 House: Ref to the Com on Local Government, if favorable, Finance
H 507
Bill Summaries:
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Bill H 507 (2015-2016)Summary date: Apr 2 2015 - View Summary
View: All Summaries for Bill