August 12, 2009
As predicted, the Governor of North Carolina signed the budget. At about 4:30 on August 7, Governor Beverly Perdue signed the North Carolina budget, a budget that included the modernization of the nexus laws. As a result, out of state retailers who meet the sales threshold will be required to collect sales tax on sales [...]
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August 5, 2009
The budget bill in North Carolina was just approved by the House of Representatives. Senate passed it a few moments earlier. The votes were as follows: House 66-51 Senate 27-18. The budget bill now moves on to the Governor for signing. If signed the Internet sales tax will take effect immediately. The sales threshold is $10,000 in [...]
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