Events & FAQ
BLK NICE Pop Up Starter Shops Events
Frequently Asked Questions (FAQ)
How are Sales Tax Calculated?
Sales Tax is a privilege tax imposed on a retailer engaged in business in North Carolina. Sales Tax is calculated on sales of taxable tangible personal property. The Sales Tax must be stated and charged separately on the Customer's Order Invoice and provided to the Customer at the time of sale. The Sales Tax is paid by the Customer to BLK NICE, LLC , who collects and remits the Sales Tax to the North Carolina Department of Revenue.
The sales prices of our products are subject to a general 4.75% North Carolina Sales Tax plus a local 2.00% (subject to change based on your local Zip Code) Sales Tax; for a combined general state and local Sales Tax rate of 6.75%.
When do Gift Certificates expire?
Per The Federal Trade Commission's, the nation's consumer protection agency, the new federal rules that went into effect August 2010, are designed to protect consumers, restricts fees, and affect gift certificates' expiration dates. These new rules apply to two types of cards: retail gift cards and bank gift cards. Here are the highlights (but not limit to):
- Money on a gift card cannot expire for at least five years from the date the card was purchased, or from the date any additional money was loaded on to card. If the expiration date listed on the card is earlier than these dates, the money can be transferred to a replacement card at no lost.
- Inactivity fees can be charged only after a card hasn't been used for at least one year, and then only once per month. But fees may be charged to by the card or to replace a lost or stolen card.
- The card must clearly disclose its expiration date, and the card or packaging must clearly disclose any fees. No matter a card says, consumers still are protected by the new rules.