Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter105. Taxation. |
SubchapterI. LEVY OF TAXES |
Article2. Privilege Taxes |
§105-108. Property used in a licensed business not exempt from taxation
Latest version.
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A State license, issued under any of the provisions of this Article shall not be construed to exempt from other forms of taxation the property employed in such licensed business, trade, employment, or profession.
(1939, c. 158, s. 186.)