Partnertax.ai
Start free trial →

North Carolina Administrative Code Title 17 — Revenue

17 NCAC 07B .3804

Gift Certificates And Gift Cards

Official textreports.oah.state.nc.us

Charges for gift certificates or gift cards are not subject to sales and use tax, pursuant to G.S. 105-164.4, at the time of initial sale for the gift certificate or gift card. When the holder of a gift certificate or gift card redeems the gift certificate or gift card for items, as the term item is defined in G.S. 105-164.3, the transaction is subject to the same sales and use taxes applicable to the item as if it were purchased without a gift certificate or gift card.

Last amended: Authority G.S. 105-164.3; 105-164.4; 105-262; 105-264; 105-467; 105-468; 105-469; 105-483; 105-498; 105-507.2; 105-509.1; 105-510.1; 105-511.3; 105-537; 105-538; Eff. February 1, 1976; Amended Eff. May 1, 2009; October 1, 1993; October 1, 1991; Readopted Eff. January 1, 2024.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (40 sections)
  1. 17-07b-3304 · Protective Helmets For Patients
  2. 17-07b-3305 · Hearing Aids
  3. 17-07b-3306 · Invalid Walkers: Walking Canes
  4. 17-07b-3402 · Monument Manufacturers: Tools And Supplies
  5. 17-07b-3403 · Supplies To Install Memorial Stones/Monument/Bronze Grave…
  6. 17-07b-3404 · Bronze Grave Markers
  7. 17-07b-3501 · Machinists: Foundrymen: Pattern Makers
  8. 17-07b-3502 · Molds: Dies: Mill Machinery
  9. 17-07b-3503 · Molds: Dies: For Resale
  10. 17-07b-3504 · Molds: Dies: Retained By Seller
  11. 17-07b-3505 · Molds: Dies: Nonmanufacturers' Use
  12. 17-07b-3506 · Molds: Dies: Record Keeping
  13. 17-07b-3601 · Funeral Expenses
  14. 17-07b-3602 · Cremation Charges
  15. 17-07b-3603 · Death Benefit Payments
  16. 17-07b-3702 · Sales Of Lubricants
  17. 17-07b-3703 · Car Wash Businesses
  18. 17-07b-3801 · Promotional Items And Gifts
  19. 17-07b-3802 · Sales Of Trading Stamps
  20. 17-07b-3803 · Redemption Of Trading Stamps
  21. 17-07b-3804 · Gift Certificates And Gift Cards
  22. 17-07b-3901 · Containers: Wrapping: Packing And Shipping Materials
  23. 17-07b-3902 · Hogsheads: Cardboard Containers: Etc.
  24. 17-07b-3903 · Packaging Materials: Warehousemen And Movers
  25. 17-07b-3904 · Marking Machines
  26. 17-07b-3905 · Ice Handling Supplies
  27. 17-07b-3906 · Egg Cartons
  28. 17-07b-3907 · Deposits For Reusable Containers
  29. 17-07b-3908 · Food Storage Supplies
  30. 17-07b-3909 · Drums For Packaging Products
  31. 17-07b-3910 · Returnable Containers
  32. 17-07b-3911 · Gift Wrapping
  33. 17-07b-4001 · Fertilizer: Lime And Land Plaster
  34. 17-07b-4002 · Fertilizer And Seeds
  35. 17-07b-4003 · Feed, Remedies, Vaccines, Medications, And Litter…
  36. 17-07b-4004 · Insecticides And Similar Products
  37. 17-07b-4005 · Defoliants: Inhibitors: Etc.
  38. 17-07b-4006 · Household Insecticides: Etc.
  39. 17-07b-4007 · Processed Manure
  40. 17-07b-4008 · Bread Used For Feed
Full table of contents →