Amends GS 105-164.4G, which taxes gross receipts derived from an admission charge to an entertainment activity, to exempt from the tax events held by a nonprofit exempt from tax under Article 4 (income tax) of GS Chapter 105 solely for fundraising purposes for the entity. Applies to admission charges for entertainment activities held on or after July 1, 2021.
Bill Summaries: S 440 NONPROFIT FUNDRAISING SALES TAX EXEMPTION.
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Bill S 440 (2021-2022)Summary date: Mar 31 2021 - View Summary