Important Notice: Recent Changes for Admission Charges to Entertainment Activities

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This document serves as notice that effective May 29, 2014, N.C. Gen. Stat. § 105-164.4(a)(10) is amended to provide that the gross receipts derived from an admission charge to an entertainment activity are subject to sales and use tax in accordance with the newly created N.C. Gen. Stat. § 105-164.4G. Also effective May 29, 2014, N.C. Gen. Stat. § 105-164.4(a) is amended to provide that the term “gross receipts” has the same meaning as “sales price” for purposes of the section. The content of this notice is effective May 29, 2014 and applicable to the gross receipts derived from an admission charge to an entertainment activity sold at retail on or after that date, except some changes for exemptions from sales and use tax are effective January 1, 2015 as noted herein. The gross receipts derived from an admission charge to an entertainment activity continue to be subject to the 4.75% general State and applicable local and transit rates of sales and use tax.

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