§ 105-481. Purpose and intent. - North Carolina Statutes

§105‑481.  Purpose and intent.

It is the purpose of thisArticle to afford the counties and cities of this State an opportunity toobtain an added source of revenue with which to meet their growing financialneeds, and to reduce their reliance on other revenues, such as the propertytax, by providing all counties of the State that are subject to this Articlewith authority to levy one‑half percent (1/2%) sales and use taxes. (1983,c. 908, s. 1.)