Saturday, January 31, 2009

NC Pursues Technology Tax on Apple iTunes, online games & More

Here is a presentation the NC Revenue Committee heard from the legislative counsel on the reason to tax Internet downloads - music, books, games & software. The draft legislative circulated at the January 27 meeting and refenced in my prior post was a little broader. Looks like earnings for the NC revenue department is missing estimates not just due to the recession - technology is also taking a bite out of taxes. See my prior post for links where to share your feedback via email on the proposal.

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