CORPORATE TAX
- Corporate Income Tax
2.5% - Franchise Tax
$1.50 per $1,000 minimum of $200
INVENTORY TAX
North Carolina has no inventory tax.
REAL ESTATE & PROPERTY TAX
PER $100 VALUE:
- Greensboro City Rate:
.6325 - High Point City Rate:
.6475
(in Guilford, Forsyth, Davidson
& Randolph counties) - Guilford County Rate:
.7305 - Kernersville City Rate:
.5700
(in Forsyth & Guilford counties) - Winston-Salem:
.5974
(in Forsyth County) - Forsyth County:
.7235
RETAIL SALES TAX
-
- Tangible Commodities
7.75%
(excluding food) - Sales Tax Rate
6.75%
(excluding food)
- Tangible Commodities
(4.75% state tax, 2% local sales and use rate)
Some items (like liquor and telecommunications) are 7%.
STATE UNEMPLOYMENT INSURANCE (SUI)
- Wage Base
$24,300 - Rates
.06%-5.76%