Want to ask a question? Click here

Do alcohol and cigarette dealers get a 2% discount on their N.C. tax bill for filing on time?

Patrick Gannon
StarNews

Yes, tobacco distributors, wholesalers and retail dealers, as well as alcohol wholesalers and importers who file their tax reports and payments on time may deduct 2 percent from the amount due, according to a recent report by the State Employees Association of North Carolina.

The association’s “Take Pride in Carolina Report” indicates the state could save $8.8 million a year if it closed that tax loophole. The report cites N.C. General Statutes 105-113.21(a1), 105-113.39(a) and 105-113.85.

The State Employees Association drafted the report to point out ways the state could close a budget shortfall without laying off state workers. Closing that loophole was one of the suggestions in the report.

Why isn’t the average citizen given the same discount? Because state law doesn’t allow it.

User-contributed question by:
Anonymous

Got a comment about this post or know more about the answer? Click here to let us know!


Bookmark and Share

X
Ask a question
X

Ask a question

If you’re looking for answers about living in coastal North Carolina, you’ve come to the right place. If we don’t have the answer to your question, we’ll find out or try to find someone who does. Hey, that’s our job! So, ask your question below and we’ll do our best to find the answer. Once we do, we’ll post it in an appropriate category.





Can we use your name to credit you by name (no e-mail or other contact information) with this question when we post an answer?
Yes
Your question:

Post a comment
X

Talk to us!

Have a comment about this post or know more about the answer? Use this form to let us know. Note that all comments are moderated and must be approved before they are posted, although you may see your own comments the first time you post them.





Your comment: