§ 8-78. Administration.

(a)

Pursuant to North Carolina General Statutes § 153A-156, the County will administer and collect a gross receipts tax on vehicles owned by operators of leasing and rental establishments that offer vehicles for short-term lease or rental to the public within the jurisdiction of the County. This tax is substituted for and replaces the ad valorem tax previously levied on these vehicles.

(b)

The transaction giving rise to the tax shall be deemed to have occurred at the location of the entity from which the customer takes delivery of the vehicle. The tax shall be collected at the time of lease or rental and placed in a segregated account until remitted to the County.

(Ord. of 6-6-2000, § 3, eff. 7-1-2000)