Home / Business / Asphalt Maker Beats North Carolina Sales Tax on Product Transfer

Asphalt Maker Beats North Carolina Sales Tax on Product Transfer

A company that makes road construction materials doesn’t owe North Carolina sales tax on transfers of its finished product to affiliated entities, the state business court ruled.

A company that makes road construction materials doesn’t owe North Carolina sales tax on transfers of its finished product to affiliated entities, the state business court ruled.
Asphalt Emulsion Industries LLC’s transfers to its parent company and a… [338 chars]

Source: Bloomberg Tax News | Published: 2026-01-22T20:27:34Z

Credit: Bloomberg Tax News

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *