§ 105-561 – Authority registration tax authorized.
105-561. Authority registration tax authorized. (a) Tax Authorized. – The board of trustees of an Authority may, by resolution, levy an annual license tax in accordance with this Article upon any motor vehicle with a tax situs within its territorial jurisdiction. The purpose of the tax levied under this Article is to raise revenue for […]
§ 105-562 – Collection and scope.
105-562. Collection and scope. (a) Collection. – A tax or a tax increase levied under this Article becomes effective on the date set by the board of trustees in the resolution levying the tax or the tax increase. The effective date must be the first day of a month and may not be earlier than […]
§ 105-563 – Modification or repeal of tax.
105-563. Modification or repeal of tax. The Board of Trustees may, by resolution, repeal the levy of the tax under this Article or decrease the amount of the tax, under the same procedures and subject to the same limitations as provided in G.S. 105-561. A tax repeal or a tax decrease becomes effective on the […]
§ 105-564 – Distribution and use of proceeds.
105-564. Distribution and use of proceeds. The Authority shall retain the net proceeds of taxes it collects under this Article. Taxes collected by the Division of Motor Vehicles under this Article shall be credited to a special fund and the net proceeds disbursed quarterly to the appropriate Authority. Interest credited to the fund shall be […]
§ 105-570 – County Vehicle Registration Tax; shared with municipalities.
105-570. County Vehicle Registration Tax; shared with municipalities. (a) A county is considered an authority under Article 51 of this Chapter, and the board of commissioners of that county is considered the board of trustees of the authority under Article 51, except that the maximum tax that may be levied by a county under this […]
§ 105-536 – Limitations.
105-536. Limitations. This Article applies only to counties that levy the first one-cent (1 ) sales and use tax under Article 39 of this Chapter or under Chapter 1096 of the 1967 Session Laws, the first one-half cent (1/2 ) local sales and use tax under Article 40 of this Chapter, and the second one-half […]
§ 105-537 – Levy.
105-537. Levy. (a) Authority. – If the majority of those voting in a referendum held pursuant to this Article vote for the levy of the tax, the board of county commissioners may, by resolution and after 10 days’ public notice, levy a local sales and use tax at a rate of one-quarter percent (0.25%). (b) […]
§ 105-538 – Administration of taxes.
105-538. Administration of taxes. The Secretary shall, on a monthly basis, allocate to each taxing county the net proceeds of the tax levied under this Article. If the Secretary collects taxes under this Article in a month and the taxes cannot be identified as being attributable to a particular taxing county, the Secretary must allocate […]
§ 105-550 – Definitions.
105-550. Definitions. The definitions in G.S. 105-164.3 and the following definitions apply in this Article: (1) Authority. – A regional public transportation authority or a regional transportation authority created pursuant to Article 26 or Article 27 of Chapter 160A of the General Statutes. (2) Long-term lease or rental. – Defined in G.S. 105-187.1. (3) Motorcycle. […]
§ 105-551 – Tax on gross receipts authorized.
105-551. Tax on gross receipts authorized. (a) Tax. – The board of trustees of an Authority may levy a privilege tax on a retailer who is engaged in the business of leasing or renting U-drive-it vehicles or motorcycles based on the gross receipts derived by the retailer from the short-term lease or rental of these […]