North Carolina Administrative Code Title 17 — Revenue

17 NCAC 04B .2903

Installment Paper Dealer Quarterly Return

Official textreports.oah.state.nc.us16 subsections

# (a)

"Installment paper dealer" means a person required to file a return pursuant to G.S. 105-83.

# (b)

Installment paper dealers shall file their quarterly return using Form B-203.

# (c)

Form B-203 requires the following:

# (1)

the reporting period for the return;

# (2)

information required by 17 NCAC 01C .0322(b);

# (3)

the installment paper dealer's legal name and mailing address;

# (4)

the trade name or doing-business-as name, if applicable;

# (5)

if the installment paper dealer elects to designate a contact person, the identity of a contact person, including his or her legal name, phone number, and fax number;

# (6)

a designation of whether the form is an amended form;

# (7)

the total face value of installment paper acquired during the reporting period;

# (8)

the tax due on the face value of installment paper acquired during the reporting period;

# (9)

the penalty and interest due, if any, in accordance with G.S. 105-236 and G.S. 105-241.21;

# (10)

the total payment due;

# (11)

for the person authorized to legally bind the installment paper dealer, his or her: (A) signature; (B) job title; (C) date of signature; and (D) affirmation that the return is accurate and complete;

# (12)

the location where the installment paper is held; and (13) the face value of installment paper acquired delineated by location.

# (d)

The installment dealer shall file a return even if the installment paper dealer did not acquire obligations described in G.S. 105-83(a) during the reporting period.

Last amended: Authority G.S. 105-83; 105-262; Eff. February 1, 1976; Amended Eff. July 1, 2000; October 30, 1981; June 11, 1977; Readopted Eff. January 1, 2021.

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