Did Kay Hagan do this too Michael H. Baker? Recent changes to North Carolina tax laws include a repeal of the sales tax exemption for student meals The North Carolina tax reform bill (H998) Session Law 2013-316, repeals the exemption in G.S. 105-164.13(27) on “meals and food products served to students in dining rooms regularly operated by State or private educational institutions or student organizations thereof,” effective January 1, 2014. What this means to you The University has been advised that meal plans will be subject to sales tax effective Spring semester 2014. An additional 8.25% (which is the state and local sales tax on prepared food) will be added to the existing rates. The increase resulting from this law will include Meal Plans of all types (Traditional, Block, DB, ODA) and affects universities state-wide.
Posted on: Thu, 23 Oct 2014 15:56:14 +0000