Bill Summaries: S503 EXEMPT START-UPS FROM PRIVILEGE LIC. TAXES.

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  • Summary date: Mar 27 2013 - View Summary

    Amends GS 105-33(b), GS 153A-152(b), and GS 160A-211(c), as the title indicates. Amends GS 105-331 to define a start-up entity as a person that begins to engage in an activity that requries a license but has not been engaged in the activity for more than one year. Effective July 1, 2013.