Wednesday, September 3, 2008

North Carolina Adds Energy Tax Holiday

The fall sales tax holiday calendar is starting to fill up.

Sales_tax_holiday_iowa_2 North Carolina is the latest state to schedule an event that offers consumers relief from its state sales and use tax.

The timing of the event, Nov. 7-9, is especially welcome, since by then the state's tax rate will have increased to 4.5 percent. Local Levies also will be waived during the November weekend.

As in many other states, this new North Carolina tax holiday is an add-on. The Tar Heel State held its back-to-school event earlier this month.

And as in some other locales, this holiday was created to encourage the purchase of energy-efficient appliances.

Energy-efficient clothes washers, freezers, refrigerators, central air conditioners, room air conditioners, air-source heat pumps, geothermal heat pumps, ceiling fans, dehumidifiers, and programmable thermostats See the attached link for more information and exceptions. http://www.dor.state.nc.us/downloads/e505_8-08.pdf

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