AN ACT TO LOWER THE INCOME REQUIREMENT FOR QUALIFYING FARMERS FOR PURPOSES OF THE SALES TAX EXEMPTION FOR FARMERS.
Amends GS 105-164.13E to lower the amount of income from farming operations (from $10,000 to $5,000) that is required in order for farmers to qualify for the sales tax exemption. Applies to sales made on or after July 1, 2015.
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