TENNESSEE SELF STORAGE ASSOCIATION

North Carolina Working to Avoid Sales Tax

June 08, 2010 4:51 PM | Melissa Roberts (Administrator)

North Carolina SSA Working to Avoid Sales Taxes
Uncertainty about the availability of federal funds to help with state budget needs has many industries in North Carolina concerned about taxes targeting their businesses, including self storage. The state faces an $800 million shortfall for the fiscal year beginning July 1, and many legislators are backing a plan that would tax private services. As has been the case previously in other states, revenue administrators have included self storage among the list of services they plan to target with a tax. The Self Storage Association is helping to fund NC-SSA lobbying efforts to fight the plan. Read more about North Carolina's budget woes by clicking here.

From the SSA Monday Morning Memo June 7, 2010

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