NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 1277

HOUSE BILL 1480

AN ACT TO ADOPT CIVIL AND CRIMINAL SANCTIONS FOR FURNISHING FALSE TAX WITHHOLDING INFORMATION.

The General Assembly of North Carolina enacts:

Section 1. G.S. 105-163.5 is amended by adding two new subsections to read:

"(f)       In addition to any criminal penalty provided by law, if an individual furnishes his employer with an exemption certificate that contains information which has no reasonable basis and that results in a lesser amount of tax being withheld under this Article than would have been withheld if the individual had furnished reasonable information, the individual is subject to a penalty of fifty percent (50%) of the amount not properly withheld."

Sec. 2. This act is effective upon ratification and applies to offenses committed on and after that date.

In the General Assembly read three times and ratified, this the 22nd day of June, 1982.