Tuesday, September 1, 2009

North Carolina Sales Tax Increase

Effective September 1, 2009 the sales tax rate increases by 1% and will be in effect until July 1, 2011. The general State rate of sales and use tax will increase from 4.5% to 5.5%. Taxable sales, purchases or services that are subject to the general State rate of tax are also subject to the 2.25% county tax in all counties except Alexander, Catawba, Cumberland, Haywood, Martin, Pitt, Sampson, and Surry where the county rate is 2.5%. Mecklenburg County has an additional 0.5% county rate.

Please visit the North Carolina Department of Revenue for more information on the state sales tax increase. Below is a link to the document posted by the North Carolina Department of Revenue with information regarding the sales tax increase.

http://www.dornc.com/taxes/sales/impnotice0809_2.pdf

If you have questions or need assistance updating your software program with the new sales tax rate, please contact our office at 336-996-3338 or send an e-mail to info@cpamcdaniel.com and we will be glad to assist you.