(A) In addition to the provisions herein and to the extent that the same are not inconsistent with the provisions of this chapter, the levy and collection of taxes herein imposed shall be otherwise administered in the same manner as the State Franchise Tax Act as contained in G.S. Article 9, Subchapter 1, Chapter 105.
(B) The confidential and privileged nature of the records and files concerning the administration of the Town Franchise Tax is legislatively recognized and declared, and to protect the same the provision of G.S. Chapter 105 are adopted by reference and made fully effective and applicable to administration of the tax levied herein as if set forth in full.
(Ord. passed 6-3-2002)