Minimum Sales Rate Tax for 2024
| 4.75% | Column content | Column content | Column content | Column content | |
| 0% | Column content | Column content | Column content | Column content | |
| 2.0% | Column content | Column content | Column content | Column content | |
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| 0.5% | Column content | Column content | Column content | Column content | |
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| Rtd Greater Denver | Column content | Column content | Column content | Column content | |
| Scientific & Cultural Fac.(cd) | Column content | Column content | Column content | Column content | |
| Regional Transport Authority | Column content | Column content | Column content | Column content | |
| Minimum combined sales tax rate value | 7.25% | Column content | Column content | Column content | Column content |
| Special tax | Column content | Column content | Column content | Column content | |
| Economic sales nexus threshold | $100,000 | Column content | Column content | Column content | Column content |
| Transactions threshold | 200 | Column content | Column content | Column content | Column content |
| Sales tax return filing due date | 20th day of the month following the reporting period | Column content | Column content | Column content | Column content |
The base state sales tax rate in North Caroline is 4.75%, but since the city-specific tax rate is 0%, the Mecklenburg County tax rate is 2% and the Co Public Transportation tax is 0.5%, the minimum sales tax rate for Charlotte is 7.25%.
How to calculate your sales tax rate
Use our online sales tax calculator to determine the combined state and local sales tax rate for each location where you have a physical or economic nexus. Just enter your state and ZIP code to get your sales tax rate.
Looking for help calculating your sales tax? Contact us today to book a free consultation!
What is nexus?
In Charlotte, businesses must understand “nexus” to determine their tax obligations. Nexus refers to the connection that requires a business to collect sales tax in a state. This concept became even more important after the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc., which allowed states to require sales tax collection based on economic activity rather than just a physical presence.
Specific sales tax rules for Charlotte
A 2% local sales or use tax applies to retail sales and purchases of qualifying food for storage, use, or consumption, excluding transit and other local taxes. Boats are taxed at a 3% state sales and use tax rate, capped at $1,500 per item. Antique spirituous liquor and other spirituous liquors, excluding mixed beverages, are subject to a 7% combined general sales and use tax rate.
Services
Typically aren’t taxable
Goods
Most items, such as appliances, vehicles, furniture, sporting goods, and electronics, are taxable.
Clothing
Subject to sales tax.
Electronics
Taxable.
SaaS
Not subject to sales tax.
Digital Products
Subject to sales tax.
Software
Electronically delivered prewritten software is taxable.
Freight/Shipping
Shipping and transportation costs are integrated into the product’s sales price they are taxable
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