North Carolina General Statutes § 105-164.42K Registration and effect of registration

Registration under the Agreement satisfies the registration requirements under this Article. A seller who registers under the Agreement within 12 months after the State becomes a member of the Agreement and who meets the following conditions is not subject to assessment for sales tax for any period before the effective date of the seller's registration:

(1)        The seller was not registered with the State during the 12-month period before the effective date of this State's participation in the Agreement.

(2)        When the seller registered, the seller had not received a letter from the Department notifying the seller of an audit.

(3)        The seller continues to be registered under the Agreement and to remit tax to the State for at least 36 months. (2005-276, s. 33.17.)

Sections:  Previous  105-164.42D  105-164.42E  105-164.42F  105-164.42G  105-164.42H  105-164.42I  105-164.42J  105-164.42K  105-164.42L  105-164.43A  105-164.43B  105-164.44  105-164.44D  105-164.44F  105-164.44H  Next

Last modified: March 23, 2014