Menu

New state of North Carolina ticket tax for sporting events coming Jan. 1

Sunday, December 29, 2013

A new law taking effect with the new year will extend a 4.75 percent state sales tax to tickets for entertainment events, including college and professional sports. News 14 reports that teams such as the Carolina Hurricanes with the NHL have been fighting the tax for years, with team Senior Vice President and General Counsel William Traurig telling the station that the team can't absorb the additional cost, which will be passed along to fans. (Triad Business Journal)

Related:

Recent ACC & NCAA News Articles:
Jerian Grant stops ND students from rushing court following win over Duke

Marquee matchups rekindle visions of past ACC basketball glory

ACC football schedule features plenty of marquee matchups

Charlottesville readies for 'College GameDay'

12-year old writes letter to all 32 NFL teams, only Panthers respond

Duke Dismisses Rasheed Sulaimon From Basketball Program

Duke wants to follow UNC, Wake Forest on football games

Former ECU coach Steve Logan agrees to join 49ers staff