{"data":{"id":"us-nc/n.c.-gen.-stat.-105-164.42e","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-164.42E","heading":"Agreement requirements.","body":"The Secretary may not enter into the Agreement unless the Agreement requires each state to abide by the following requirements:\n(1)\tUniform state rate. - The Agreement must set restrictions to achieve more uniform state rates through the following:\na.\tLimiting the number of state rates.\nb.\tLimiting maximums on the amount of state tax that is due on a transaction.\nc.\tLimiting thresholds on the application of a state tax.\n(2)\tUniform standards. - The Agreement must establish uniform standards for all of the following:\na.\tThe sourcing of transactions to taxing jurisdictions.\nb.\tThe administration of exempt sales.\nc.\tThe allowances a seller can take for bad debts.\nd.\tSales and use tax returns and remittances.\n(3)\tUniform definitions. - The Agreement must require states to develop and adopt uniform definitions of sales and use tax terms. The definitions must enable a state to preserve its ability to make policy choices not inconsistent with the uniform definitions.\n(4)\tCentral registration. - The Agreement must provide a central, electronic registration system that allows a seller to register to collect and remit sales and use taxes for all signatory states.\n(5)\tNo nexus attribution. - The Agreement must provide that registration with the central registration system and the collection of sales and use taxes in the signatory states will not be used as a factor in determining whether the seller has nexus with a state for any tax.\n(6)\tLocal sales and use taxes. - The Agreement must provide for reduction of the burdens of complying with local sales and use taxes through one or more of the following:\na.\tRestricting variances between the state and local tax bases.\nb.\tRequiring states to administer any sales and use taxes levied by local jurisdictions within the state so that sellers collecting and remitting these taxes will not have to register or file returns with, remit funds to, or be subject to independent audits from local taxing jurisdictions.\nc.\tRestricting the frequency of changes in the local sales and use tax rates and setting effective dates for the application of local jurisdictional boundary changes to local sales and use taxes.\nd.\tProviding notice of changes in local sales and use tax rates and of changes in the boundaries of local taxing jurisdictions.\n(7)\tMonetary allowances. - The Agreement must outline any monetary allowances that are to be provided by the states to sellers or certified service providers.\n(8)\tState compliance. - The Agreement must require each state to certify compliance with the terms of the Agreement before becoming a member and to maintain compliance, under the laws of the member state, with all provisions of the Agreement while a member.\n(9)\tConsumer privacy. - The Agreement must require each state to adopt a uniform policy for certified service providers that protects the privacy of consumers and maintains the confidentiality of tax information. (2001-347, s. 1.3; 2005-276, s. 33.31.)","path":["","Article 5. Sales and Use Tax.","Part 7A. Uniform Sales and Use Tax Administration Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-164.42E.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"805115479f4ca3724a1bfb320c022661b9b40453fa0b328e59f6f6a593c13e72","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-164.42d","next":"us-nc/n.c.-gen.-stat.-105-164.42f"},"notice":"GroundRules: Original legal text. Not legal advice."}