RALEIGH — It is the time of year when many farmers markets across the state are re-opening for the season. With that, many market managers get questions from farmers about sales tax requirements and other related taxes, and may also have questions about the market’s documentation requirements. The NC Department of Revenue has a a presentation available online for farmers market and specialty markets. You can review it here:
The above information is provided for educational purposes only. You are encouraged to seek professional tax or legal advice in regards to your facts and circumstances regarding the application of these general tax principles. TAX ADVICE DISCLAIMER: To the extent that this content contains legal or tax advice, this written advice is not intended or written to be used, and it cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer.
— Joanna Lelekacs, Extension Local Foods Flagship Program ManagerANR/CRD – NC State University
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