§ 105-187.51. Tax imposed on mill machinery. - North Carolina Statutes

§ 105‑187.51.  Taximposed on mill machinery.

(a)        Scope. – Aprivilege tax is imposed on the following persons:

(1)        A manufacturingindustry or plant that purchases mill machinery or mill machinery parts oraccessories for storage, use, or consumption in this State. A manufacturingindustry or plant does not include a delicatessen, cafe, cafeteria, restaurant,or another similar retailer that is principally engaged in the retail sale offoods prepared by it for consumption on or off its premises.

(2)        A contractor orsubcontractor that purchases mill machinery or mill machinery parts oraccessories for use in the performance of a contract with a manufacturingindustry or plant.

(3)        A subcontractor thatpurchases mill machinery or mill machinery parts or accessories for use in theperformance of a contract with a general contractor that has a contract with amanufacturing industry or plant.

(b)        Rate. – The tax isone percent (1%) of the sales price of the machinery, part, or accessorypurchased. The maximum tax is eighty dollars ($80.00) per article. As used inthis section, the term "accessories" does not include electricity. (2001‑347, s. 2.17;2005‑435, s. 56(a).)