Corporate Taxes
For more information on State of North Carolina taxes, please visit the North Carolina Department of Revenue. There is no local corporate income tax.
Corporate Income Tax Rate |
6.9% |
Property tax on inventory |
Exempt |
Franchise Tax |
$1.50 per $1,000 of the largest of: • Capital Stock, surplus and undivided profits • 55% of appraised tax value of all tangible property in NC • Actual investment in tangible property in NC |
Retail Sales and Use |
8% (5.75% - State, 2.25% - County) |
Property Tax
In North Carolina, businesses and individuals located in an incorporated municipality pay both municipal and county property tax.
| FY 11-12 Property Tax Rates (Per $100 of Assessed Value) | |
|---|---|
| Sampson County | $0.785 |
| Autryville | $0.50 |
| Clinton | $0.40 |
| Faison | $0.53 |
| Garland | $0.72 |
| Harrells | $0.13 |
| Newton Grove | $0.35 |
| Roseboro | $0.69 |
| Salemburg | $0.30 |
| Turkey | $0.24 |