North Carolina and Local Taxes and Rates

Tax Type Rate
Corporate Tax 6.90%
State Property Tax on Inventory Exempt
State Franchise Tax $1.50 per $1,000
Retail Sales & Use Tax 4.75% State and 2.25% County= 7%
Highway Use Tax on Automobiles 3% State; Minimum of $40 & Maximum of $1,500
Property Tax-New Hanover County $0.4655/$100 of assessed value
Property Tax-City of Wilmington $0.370/$100 of assessed value
Property Tax-Pender County $0.65/$100 of assessed value
Property Tax-Burgaw $0.57/$100 of assessed value

Source: North Carolina Department of Revenue
New Hanover County, City of Wilmington, and Pender County Tax Departments 2011