AN ACT TO INCREASE THE STANDARD DEDUCTION, TO EXPAND THE DEFINITION OF HOLDING COMPANY FOR FRANCHISE TAX PURPOSES, TO IMPLEMENT MARKET-BASED SOURCING FOR MULTISTATE INCOME TAX APPORTIONMENT, TO REQUIRE CERTAIN MARKETPLACE FACILITATORS TO COLLECT SALES TAX, TO DIRECT REVENUE LAWS TO STUDY CERTAIN TAX SUNSET PROVISIONS, AND TO MAKE TECHNICAL CORRECTIONS.
House committee substitute to the 4th edition makes the following changes.
Deletes the changes to GS 105-113.35 that no longer excluded vapor products from the 12.8% excise tax on tobacco products. Deletes the establishment of the Tobacco Use Prevention Fund and related changes.
Makes conforming changes to the act's title.
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