§ 105-164.42K. Registration and effect of registration. - North Carolina Statutes

§ 105‑164.42K. Registration and effect of registration.

Registration under theAgreement satisfies the registration requirements under this Article. A sellerwho registers under the Agreement within 12 months after the State becomes amember of the Agreement and who meets the following conditions is not subjectto assessment for sales tax for any period before the effective date of theseller's registration:

(1)        The seller was notregistered with the State during the 12‑month period before the effectivedate of this State's participation in the Agreement.

(2)        When the sellerregistered, the seller had not received a letter from the Department notifyingthe seller of an audit.

(3)        The seller continuesto be registered under the Agreement and to remit tax to the State for at least36 months. (2005‑276,s. 33.17.)