North Carolina state tax includes a flat personal income tax rate of 4.5%. The state's sales taxes are generally considered to be near the national average and the state's property taxes are ...
Similarly, there is no inheritance tax levied in the state. North Carolina has a flat 4.75% sales tax with each locality layering on its own local sales tax on top of the state tax, so depending ...
Vickie Sawyer, who represents Iredell County and north Mecklenburg, is backing the tax so the Red Line commuter rail line can ...
This alert is relevant for contractors who perform construction services on real property in the state of North Carolina. In South Carolina, contractors remain subject to the traditional sales or ...
The new budget agreement also extends the sales tax exemption for jet fuel. In doing so, North Carolina legislators are demonstrating a continued commitment to avoiding taxation of business inputs.
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