17 NCAC 07B .2607          SUBCONTRACTORS

Subcontractors are liable for payment of the applicable statutory state and local sales or use tax on the taxable tangible personal property which they purchase for use in fulfilling their subcontracts unless such property is exempt from sales and use tax.

 

History Note:        Authority G.S. 105-164.4; 105-164.6; 105-262; Article 39; Article 40; Article 42; Article 43;

Article 44; Article 46;

Eff. February 1, 1976;

Amended Eff. August 1, 2009; October 1, 1993; October 1, 1991; July 5, 1980.