The North Carolina (NC) state sales tax rate is currently 4.75%. Depending on local municipalities, the total tax rate can be as high as 7.5%. County and local taxes in most areas bring the sales tax rate to 6.75%–7% in most counties but some can be as high as 7.5%.
What are the tax brackets in North Carolina?
- Income tax: 5.25% flat rate
- Sales tax: 6.75% – 7.50%
- Property tax: 0.77% average effective rate
- Gas tax: 36.10 cents per gallon both of regular gasoline and diesel
What is the sales tax in NC 2021?
2021 List of North Carolina Local Sales Tax Rates. North Carolina has state sales tax of 4.75%, and allows local governments to collect a local option sales tax of up to 2.75%. There are a total of 324 local tax jurisdictions across the state, collecting an average local tax of 2.188%.
What is NC retail sales tax?
Retail sales of tangible personal property are subject to the 4.75% State sales or use tax. Items subject to the general rate are also subject to the 2.25% local rate of tax that is levied by all counties in North Carolina. Sales taxes are not charged on services or labor.
What is tax on a dollar in NC?
The state general sales tax rate of North Carolina is 4.75%. North Carolina cities and/or municipalities don’t have a city sales tax.
What items are not taxed in North Carolina?
Goods that are subject to sales tax in North Carolina include physical property, like furniture, home appliances, and motor vehicles. Prescription Medicine, groceries, and gasoline are all tax-exempt. Some services in North Carolina are subject to sales tax.
What is the sales tax on food in North Carolina?
Are groceries taxable in North Carolina? In North Carolina, grocery items are not subject to the state’s statewide sales tax, but are subject to a uniform 2% local tax. Candy, however, is generally taxed at the full combined sales tax rate.
What states have no sales tax?
The 5 states without sales tax
- Alaska. Known as ‘The Last Frontier’, Alaska is the most tax-friendly state in the country.
- Delaware. The ‘First State’ also does not charge its residents or visitors any state sales tax.
- Montana.
- New Hampshire.
- Oregon.
- Sales tax isn’t the only tax to consider.
What taxes do you pay in NC?
For Tax Years 2019 and 2020, the North Carolina individual income tax rate is 5.25% (0.0525). For Tax Years 2017 and 2018, the North Carolina individual income tax rate is 5.499% (0.05499). For Tax Years 2015 and 2016, the North Carolina individual income tax rate is 5.75% (0.0575).
What is the sales tax on a dollar?
7.250% Note that the true California state sales tax rate is 6%. There is a statewide county tax of 1.25% and therefore, the lowest rate anywhere in California is 7.25%. We have listed the combined state/county rate as the state rate to eliminate confusion.
Which state has the highest sales tax?
The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and Alabama (9.22 percent).
Does NC have state income tax?
North Carolina now has a flat state income tax rate of 5.25%. The average effective property tax rate for the state is below the national average. There is a statewide sales tax and each county levies an additional tax.
Does North Carolina tax Social Security?
Social Security income in North Carolina is not taxed. However, withdrawals from retirement accounts are fully taxed. Additionally, pension incomes are fully taxed.
What is the 2% sales tax in NC?
A 2.00% local rate of sales or use tax applies to retail sales and purchases for storage, use, or consumption of qualifying food.
Is North Carolina tax free?
Many states have annual sales tax holidays, during which certain items the state wants to promote the purchase of (like school supplies, emergency preparedness supplies, or energy efficient appliances) can be purchased sales tax free. North Carolina, however, does not currently have any scheduled sales tax holidays.
Is clothing taxed in NC?
In the state of North Carolina, any types of alteration charges which are stated separately and are in connection with the sale of clothing are considered to be exempt.