North Carolina § 105-228.1 Defining taxes levied and assessed in this Article

North Carolina Statutes

§ 105-228.1 — Defining taxes levied and assessed in this Article

North Carolina § 105-228.1

Ch. 105Taxation

Art. 8AGross Earnings Taxes on Freight Line Companies in Lieu of Ad Valorem Taxes

Subch. ILEVY OF TAXES

This text of North Carolina § 105-228.1 (Defining taxes levied and assessed in this Article) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 105-228.1 (2026).

Text

The purpose of this Article is to levy a fair and equal tax under authority of Section 2(2) of Article V of the North Carolina Constitution and to provide a practical means for ascertaining and collecting it. The taxes levied and assessed in this Article are on gross earnings, as defined in the Article, and are in lieu of ad valorem taxes upon the properties of persons taxed in this Article. (1954, c. 400, s. 8; 1998-98, ss. 64, 109.)

Free access — add to your briefcase to read the full text and ask questions with AI

The purpose of this Article is to levy a fair and equal tax under authority of Section 2(2) of Article V of the North Carolina Constitution and to provide a practical means for ascertaining and collecting it. The taxes levied and assessed in this Article are on gross earnings, as defined in the Article, and are in lieu of ad valorem taxes upon the properties of persons taxed in this Article. (1954, c. 400, s. 8; 1998-98, ss. 64, 109.)