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 4.25% State and 2.5% County= 6.75%
Highway Use Tax on Automobiles 3% State; Minimum of $40 & Maximum of $1,500
Property Tax-New Hanover County $0.4525/$100 of assessed value
Property Tax-City of Wilmington $0.3325/$100 of assessed value
Property Tax-Pender County $0.65/$100 of assessed value
Property Tax-Burgaw $0.57/$100 of assessed value
Property Tax-Wallace $0.66/$100 of assessed value
Property Tax-Duplin County $0.79/$100 of assessed value

Source: North Carolina Department of Revenue
New Hanover County, City of Wilmington, Pender County, and Town of Burgaw, Town of Wallace Tax Departments 2007