The state of North Carolina currently levies a 4.25% state sales tax on the retail sale, lease or rental of most goods and some services. That rate is scheduled to increase to 4.5% on October 1, 2008 and to 4.75% on October 1, 2009. All local jurisdictions impose additional sales taxes ranging between 2.5% to 3%. As of July 1, 2008, the range of total sales tax rates within the state of North Carolina is between 6.75% and 7.25%.
Use tax is also collected on the consumption, use or storage of goods in North Carolina if sales tax was not paid on the purchase of the goods. The use tax rate is the same as the sales tax rate. Returns are to be filed on or before the 20th day of the month following the month in which the purchases were made. For example, purchases made in the month of January should be reported to the state of North Carolina on or before the 20th day of February.
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