Arts and Culture
10:14 am
Fri June 21, 2013

NC Not for Profits Maybe Hit By Tax Reform

The North Carolina General Assembly is expected to adopt  some form of tax code reform during its present session.  Among the proposals, changes to the way the state collects sales taxes, including charging sales tax on some professional services.  Also under consideration, tightening or eliminating exemptions that benefit most not-for-profits.  David Hurand spoke with the Managing Director of Diana Wortham Theater about one proposal that could lead to higher ticket prices.

David Hurand speaks with the Managing Director of Diana Wortham Theater about proposed changes to the North Carolina tax code that could directly affect not for profit entertainment venues and lead to higher ticket prices.