New Sales Tax Legislation Affects Property Owners Associations
A recent North Carolina Sales Tax law has a direct impact on the budget of just about every property owners association.On July 1, the state legislature passed House Bill 1030 – Current Operations and Capital Improvements Appropriations Act of 2016, also known as the “budget bill.” In it are a number of noteworthy changes to current sales tax statutes, the most significant of which affect taxation of repair, maintenance and installation (RMI) services. RMI are services performed on tangible personal property. New rules went into effect making certain RMI services taxable. Read the article…………….
Firm Wins Appeal Before Third DCA in Dispute Between Developer, Condo Association Over Ownership of Parking, Storage Spaces
In December, firm partners Helio De La Torre and Laura M. Manning-Hudson, together with of-counsel attorney H. Hugh McConnell, prevailed
As you may recall, Rep. Cheryl Grossman and Rep. Rick Perales introduced a bill in late 2013 that would have