Check Cashing Privilege

Privilege Tax An annual privilege tax of two hundred and fifty dollars ($250.00) is levied on every person, firm, or corporation engaged in any of the following businesses for each location at which the business is conducted: The business of making loans or lending money, accepting liens on, or contracts of assignments of, salaries or wages, or any part thereof, or other security or evidence of debt for repayment of such loans in installment payment or otherwise. The business of check cashing regulated under Article 22 of Chapter 53 of the General Statutes. The business of pawnbroker regulated under Part 1 of Article 45 of Chapter 66 of the General Statutes.

Other Information

Duration of License

Annually

Authority

GS 105-88

Exam: No Exam
License Type: Tied to Business

Fees

Application
$0.00
New License
$250.00
Renewal
$250.00
Reciprocity:
$0.00
Miscellaneous:
$0.00

Licensing Authority

NC Department of Revenue
Taxpayer Assistance
4701 Atlantic Avenue
Ste. 118
Raleigh, NC 27604-
919-707-0880

Please check with your local City, County or Municipality for area specific license requirements they may have.