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Important Notice: Exemption for Qualified Aircraft

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This document serves as notice that effective October 1, 2015, N. C. Gen. Stat. §105-164.13(45d) as amended provides in part that “[p]arts and accessories for use in the repair or maintenance of a qualified aircraft” are specifically exempt from the tax imposed on the sale at retail, and the use, storage, or consumption in this State. N. C. Gen. Stat. §105-164.4I(b) as amended provides an exemption from the tax imposed on the sales price of or the gross receipts derived from a service contract applicable to a qualified aircraft.