New NCDOR Info: Real Property Contracts and Retail Sales of RMI Services to Real Property

The Sales and Use Tax Division has issued “Important Notice: Additional Information Regarding Real Property Contracts and Retail Sales of Repair, Maintenance, and Installation Services to Real Property.” This notice includes a list which provides general guidance to assist with making a determination as to whether a transaction is a real property contract with respect to a capital improvement; subject to tax as a retail sale of RMI services; or exempt from sales and use tax, which can be located at http://www.dornc.com/taxes/sales/impnotice031717_cmirmi.pdf

Questions about the information provided in this document can be directed to the Taxpayer Assistance and Collection Center toll-free at 1-877-252-3052 or by mail to the Taxpayer Assistance Division, North Carolina Department of Revenue, Post Office Box 25000, Raleigh, North Carolina 27640-0640.

NCACPA Members: A listing of RMI discussions can be found on Connect [member log-in required]. If you need assistance accessing this collaborative platform, please call the association’s Member Service Center at 800-722-2836.