It’s increasingly common for county tax collectors to collect taxes for municipalities in their counties. Five years ago I discussed in this blog post how interlocal agreements can authorize these arrangements. Below, I dive a bit more deeply into the details on how such agreements should be crafted.
As discussed in previous posts, all NC counties and municipalities received funding from the American Rescue Plan Act Coronavirus State and Local Fiscal Recovery Fund (ARP/CSLFRF). These are federal grant funds that come with eligibility restrictions, compliance requirements, and reporting obligations. The primary reporting vehicle is the Project & Expenditure Report.
North Carolina’s local governments have been inundated with federal funds since the onset of the COVID-19 pandemic in March 2020. But the complexity and quantity of the rules applicable to the expenditure of those monies have not decreased since the … Read more
North Carolina’s local governments have been inundated with federal funds since the onset of the COVID-19 pandemic in March 2020. But the complexity and quantity of the rules applicable to the expenditure of those monies have not decreased since the pandemic began. Federal funds continue to arrive in local government coffers, as they always have, with significant “strings attached.”
North Carolina’s local governments have been inundated with federal funds since the onset of the COVID-19 pandemic in March 2020. But the complexity and quantity of the rules applicable to the expenditure of those monies have not decreased since the pandemic began. Federal funds continue to arrive in local government coffers, as they always have, with significant “strings attached.”
Unlike the vast majority of states, North Carolina does not excuse a local government from paying sales or use taxes incident to its purchases solely because it is a governmental entity. Instead, unless state law exempts a particular type of … Read more
Unlike the vast majority of states, North Carolina does not excuse a local government from paying sales or use taxes incident to its purchases solely because it is a governmental entity. Instead, unless state law exempts a particular type of transaction from sales or use tax, a local government that makes a taxable purchase must either pay sales tax to a retailer or use tax to the North Carolina Department of Revenue (NCDOR). This blog post explains what North Carolina “use” tax is, when and how North Carolina’s local governments might need to report and pay use tax to NCDOR, and when mos
Unlike the vast majority of states, North Carolina does not excuse a local government from paying sales or use taxes incident to its purchases solely because it is a governmental entity. Instead, unless state law exempts a particular type of transaction from sales or use tax, a local government that makes a taxable purchase must either pay sales tax to a retailer or use tax to the North Carolina Department of Revenue (NCDOR). This blog post explains what North Carolina “use” tax is, when and how North Carolina’s local governments might need to report and pay use tax to NCDOR, and when mos
Find the last receipt you received when ordering food or drinks from a North Carolina restaurant. How much tax did you pay? What types of taxes did you pay? Even if the receipt did not break out each type of … Read more
Find the last receipt you received when ordering food or drinks from a North Carolina restaurant. How much tax did you pay? What types of taxes did you pay?