- North Carolina ends sales tax threshold for remote sellers
- Effective 1 July 2024, remote sellers must collect and remit sales tax if gross sales exceed USD 100,000
- Previous law required sales tax collection if over USD 100,000 in gross revenue or 200 transactions
- Session Law 2024-28 eliminates the 200-transaction threshold
- North Carolina Department of Revenue released a Directive on 1 July 2024
- Directive includes overview of remote seller thresholds, repeal of transaction thresholds, and examples for new requirements
- Remote sellers who registered before 1 July 2024 due to transaction thresholds can cancel registration under certain conditions
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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