§ 105-164.13C. Sales and use tax holiday. - North Carolina Statutes

§ 105‑164.13C.  Salesand use tax holiday.

(a)        The taxes imposedby this Article do not apply to the following items of tangible personalproperty if sold between 12:01 A.M. on the first Friday of August and 11:59P.M. the following Sunday:

(1)        Clothing with asales price of one hundred dollars ($100.00) or less per item.

(2)        School supplies witha sales price of one hundred dollars ($100.00) or less per item.

(2a)      School instructionalmaterials with a sales price of three hundred dollars ($300.00) or less peritem.

(3)        Computers with asales price of three thousand five hundred dollars ($3,500) or less per item.

(3a)      Computer supplieswith a sales price of two hundred fifty dollars ($250.00) or less per item.

(4)        Sport orrecreational equipment with a sales price of fifty dollars ($50.00) or less peritem.

(b)        The exemptionallowed by this section does not apply to the following:

(1)        Sales of clothingaccessories or equipment.

(2)        Sales of protectiveequipment.

(3)        Sales of furniture.

(4)        Repealed by SessionLaws 2003‑284, s. 45.7, effective October 1, 2003.

(5)        Sales of an item foruse in a trade or business.

(6)        Rentals.

(c)        Repealed by SessionLaws 2003‑284, s. 45.7, effective October 1, 2003. (2001‑424, s. 34.16(a);2001‑476, s. 18(b); 2003‑284, s. 45.7; 2005‑276, s. 33.11;2007‑323, s. 31.14(b).)