Sales and Use Tax Changes Effective March 1, 2016 and April 1, 2016
March 7th, 2016
The North Carolina Department of Revenue has issued directives regarding sales and use tax charged by suppliers. Departments should expect to receive invoices that show sales tax on certain services that were not previously taxed. Please note that the amounts reflected on your Cognos reports will continue to be shown net of taxes charged.
Any departments who charge sales tax on goods or services provided to students or external parties, please contact Accounts Payable for direction on ensuring you are in compliance with the new regulations.