NC city to refund $2.6M in business license fees
CHARLOTTE — North Carolina’s largest city says it will refund to building contractors some $2.6 million in improperly collected business license fees.
The Charlotte Observer reported Friday that the city’s action is designed to settle a lawsuit. The lawyer for Vision Ventures Construction contended that contractors paid the city as much as $10,000 a year, but should have paid only $10.
Attorney Jameson Wells says the refunds will affect about 2,100 companies.
A city attorney said Charlotte agreed that it overcharged certain contractors. Officials say state law limited contractor taxes to $10 a year, but the city applied the cap only to firms
that operated before the state handed some business regulation to local government.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
North Carolina’s largest city says it will refund to building contractors some $2.6 million in improperly collected business license fees.
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