105-108. Property used in a licensed business not exempt from taxation.
A State license, issued under any of the provisions of this Article shall not be construed to exempt from other forms of taxation the property employed in such licensed business, trade, employment, or profession. (1939, c. 158, s. 186.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 105-33 - Taxes under this Article.
§ 105-41 - Attorneys-at-law and other professionals.
§ 105-83 - Installment paper dealers.
§ 105-103 - Unlawful to operate without license.
§ 105-105 - Persons, firms, and corporations engaged in more than one business to pay tax on each.
§ 105-106 - Effect of change in name of firm.
§ 105-108 - Property used in a licensed business not exempt from taxation.