NC Taxes????? help

[MegaBlast]

I bought a car wash and was going to apply for the tax number ect I was reading up and was not sure which or what I need to do as I was on the NC website I found this below...is there anyone in NC that has a car wash or know what I need to do?

34-19 CAR WASH BUSINESSES
The gross receipts from washing cars by persons operating a car wash business are exempt from
tax. Such persons are liable for payment of the general rate of State tax and any applicable
local sales or use tax on tangible personal property which they purchase for use in the operation
of such businesses. If car wash operators make sales of tangible personal property through
vending machines or otherwise, they are liable for collecting and remitting tax thereon.
History Note: Authority G.S. 105-164.3; 105-164.4; 105-164.6; 105-264;
Issued: June 1, 1996;
Revised: June 1, 2002.

 

[Shorco1]

Run, don't walk to a good CPA. Get all the pertinent information available and let them guide you. There is one gottcha, business personal property tax under the NC Machinery Act. Not an expensive tax but can be if you don't list your machinery and file the information.