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Florida State University College of LawScholarship Repository Staff AnalysisFlorida Legislative Documents1985Session Law 85272 Florida Senate & House of RepresentativesFollow this and additional works
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What is session law 85-272?
Session law 85-272 is a provision in the tax code that exempts certain out-of-state businesses from paying income tax in North Carolina if their only activity in the state is the solicitation of sales.
Who is required to file session law 85-272?
Out-of-state businesses that meet the criteria outlined in session law 85-272 are required to file and claim the exemption.
How to fill out session law 85-272?
To fill out session law 85-272, businesses must provide all required information on the form, including details about their activities in North Carolina and the specific criteria they meet for the exemption.
What is the purpose of session law 85-272?
The purpose of session law 85-272 is to encourage out-of-state businesses to solicit sales in North Carolina without being subject to state income tax, ultimately promoting economic growth and business development in the state.
What information must be reported on session law 85-272?
The information that must be reported on session law 85-272 includes details about the out-of-state business, their activities in North Carolina, and how they meet the criteria for the exemption.
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