Menu

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


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)

Share: Facebook | Twitter | Email

Related:

Recent ACC & NCAA News:

NCAA stands firm on findings that Rick Pitino didn't monitor team

Controversial HB2 law on verge of keeping NCAA events out of North Carolina through 2022

Florida State PG Xavier Rathan-Mayes declares for 2017 NBA Draft

Darius Thompson Departing Virginia Basketball Program

Georgetown, John Thompson III part ways


© 2005-2017 Tar Heel Times | Contact | Privacy Policy | Site Map | RSS | Did UNC Win?

Tar Heel Times is an unofficial resource for UNC fans and is not affiliated with the University of North Carolina.