(A) In addition to the tax on property, as otherwise provided for, and under the power and authority conferred in the laws of the state, there shall be levied and collected annually or more often, where provided for, a privilege license tax on trades, professions, business operations, exhibitions, circuses, and all subjects authorized to be licensed, as set out in the following sections and schedule.
(B) All licenses shall be a personal privilege and shall not be transferable.
(C) Nothing herein contained shall be construed to prevent the Board from imposing from time to time, as they may see fit, the license taxes as are not specifically herein defined, or from increasing or decreasing the amount of any special license tax, or from prohibiting or regulating the business or acts licensed, and all licenses are granted subject to the provisions of existing ordinances or those hereafter enacted.
(Prior Code, § 2-4012)
Statutory reference:
Authority to levy privilege license taxes, see G.S. § 160A-211
Privilege license tax administration, see G.S. §§ 105.33 et seq.