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New Tax on Admission Tickets Goes Into Effect Jan. 1

Thursday, January 16, 2014   (0 Comments)

Star News (NC) (12/29/13) Steelman, Ben

On Jan. 1, a new North Carolina state tax took effect on admission prices to movie houses, theaters, museums, professional athletic contests, and multiple nonprofit events. However, many ticket sellers still are unaware how they should collect the tax or what impact it will have on prices. Norman Bemelmans, director of cultural arts at the University of North Carolina Wilmington, expects to see "a slight increase" in ticket prices at Kenan Auditorium and other campus venues, and notes the university will "simply add it onto the price of the ticket." At the Thalian Hall Center for the Performing Arts, cashiers will add New Hanover County's admissions tax of 7 percent to the ticket price, similar to how stores add on sales tax with the final price, says Thalian managing director Tony Rivenbark. However, organizations that have given away tickets in return for donations or sponsorships will now have to pay tax on those giveaways as well as on tickets given away as in-kind donations of goods or services, such as advertising. The law exempts elementary and secondary school shows as well as youth athletic league contests in which participants are aged 17 or younger. State museums and attractions also are exempted, but not those supported by county or municipal funds.

 

 

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