Jurisdiction detail

North Carolina tax guide

A seeded subnational profile for North Carolina, built on the schema from the world-class expansion plan.

Country

United States

Tax year

2026

Authority

North Carolina Department of Revenue

Overview

North Carolina is gradually phasing out its corporate income tax. Its flat individual income tax is among the lower rates of states that have personal income tax.

Corporate tax rate scheduled to reach 0 percent by 2030.PTET election available.Franchise tax remains separately imposed on corporations.

Individual income tax

North Carolina applies a flat individual income tax rate around 4.5 percent in 2024 with scheduled reductions.

Type: flat

Business tax

Corporate tax rate is scheduled to phase down to zero by 2030.

Reference rate: 2.5%

Sales or indirect tax

Economic nexus applies for remote sellers.

Base rate: 4.75%

Local rates add 2 to 2.75 percent for combined rates around 6.75 to 7.5 percent.

Deadlines and forms

April 15 for individuals; corporate returns follow federal due dates.

Official authority

Visit North Carolina Department of Revenue

Primary sources

NC Department of RevenueVerified 2026-05-20

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.