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Home / Courts / Taxation – Sales & Use – Leases & Maintenance Agreements – Credit (access required)

Taxation – Sales & Use – Leases & Maintenance Agreements – Credit (access required)

Technocom Business Systems Inc. v. North Carolina Department of Revenue A taxpayer in the business of selling and leasing office equipment collected sales taxes on its optional maintenance agreements. An audit by the Department of Revenue determined that the taxpayer should have been paying use taxes instead of sales taxes. G.S. § 105-164.41 entitles the taxpayer to a credit for the sales taxes it paid to the Department against the assessment of use taxes that the taxpayer should have paid.

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