NC Tells Big Online Retailers To Charge, Turn Over Sales Tax
North Carolina will be one of the first states to start collecting sales taxes on online purchases.State tax-collectors issued a directive Tuesday requiring online retailers to collect sales tax on purchases by North Carolina consumers. The move comes after a U.S. Supreme Court decision in June that states can collect sales tax even if the seller lacks a physical presence in that state.
North Carolina's Revenue Department says it will start enforcing an existing state law on Nov. 1. That means companies selling more than $100,000 or having at least 200 transactions into North Carolina last year or this year would have to collect sales taxes and turn it over to the state.
State officials say they don't know how much additional money the collections will bring.