North Carolina General Statutes 105-164.42K. Registration and effect of registration
Registration under the Agreement satisfies the registration requirements under this Article. A seller who registers under the Agreement within 12 months after the State becomes a member of the Agreement and who meets the following conditions is not subject to assessment for sales tax for any period before the effective date of the seller’s registration:
(1) The seller was not registered with the State during the 12-month period before the effective date of this State’s participation in the Agreement.
(2) When the seller registered, the seller had not received a letter from the Department notifying the seller of an audit.
(3) The seller continues to be registered under the Agreement and to remit tax to the State for at least 36 months. (2005-276, s. 33.17.)
Terms Used In North Carolina General Statutes 105-164.42K
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3