Wilmington (NC) Sales Tax
The Wilmington sales tax rate is 7.00%
| Taxing jurisdiction | Rate |
|---|---|
| North Carolina state sales tax | 4.75% |
| New Hanover County sales tax | 2.25% |
| City tax | 0% |
| Special tax | 0% |
| Combined Sales Tax | 7.00% |
Wilmington sales Tax Calculator North Carolina
To make it easier to calculate the Wilmington (NC) Sales tax, we have created a calculator. All that you need to input is the zip code and the number of goods bought. The calculator will tell you how much you should approximately pay in sales tax. The tools are free to use and very simple.
How does the Wilmington sales tax compare to the rest of North Carolina?
Each vendor in the USA needs to charge sales tax to the items and services that they sell. The Department of Revenue collects the sales tax proceeds from the vendors. The Wilmington, NC sales tax rate is 7.00%. This includes 4.75% North Carolina state sales tax, 2.25% New Hanover County sales tax and 0% special tax.
A merchant adds the sales tax to all the qualifying sales completed in Wilmington, NC. The Wilmington sales tax should be clearly stated on the invoice. There are some specific goods and services are tax-exempt in Wilmington (North Carolina). Alcohol, tobacco and gas are subject to excise tax.
The 7.00% sales tax rate of the Wilmington, NC applies to the following list of zip codes: 28401, 28403, 28405, 28406, 28409, 28412.
The vendor needs to check their district zip code to make sure that they are charging the right sales tax for the business transactions.
There are 112089 people in and around Wilmington. It is important to be aware that zip-code boundaries do not always coincide with general boundaries. Therefore, when choosing sales tax rates, you should not focus only on zip-codes. In the event of a dispute, it is recommended that you contact the Internal Revenue Service to determine sales tax rates for you.
Alternative sales tax rate for Wilmington
| City | Combined Tax | State Rate | County Tax | City Tax | Special Tax |
|---|---|---|---|---|---|
|
Spring Lake |
7.00% | 4.75% | 2.25% | 0% | 0% |
|
Southern Pines |
7.00% | 4.75% | 2.25% | 0% | 0% |
Popular questions about sales tax in Wilmington
Sometimes, people have a hard time figuring out the math behind sales taxes. This is especially true when people have the total transaction cost and the total sales tax. To figure out the sales tax percentage, we must do a bit of math, which is very simple and can be done via a phone calculator. Let’s assume that your total transaction with taxes is $106.25 and you know that the shelf price of the products purchased is $100.
The first thing that you do is subtract the cost of the goods from the total. In that case $106.25-$100=$6.25. Now you know that the sales taxes are $6.25. Then you divide the total sales tax by the shelf price of the cost of the goods bought, hence $100. So, ding the math, we have $6.25/$100 = 0.0625. We take the ratio number, and we multiply by 100%. Hence, we get : 0.00625*100%= 6.25%, which is the rate.
Some areas have very small sales taxes. Starting, we have Alaska, which has a sales tax of 1.76%. We need to be mindful that products and services are very expensive in Alaska. Moving on with the list, we have Oregon, Delaware, Montana, and New Hampshire that have a 0% sales tax rate. If you need information regarding the ranking of states based on sales taxes, you can check this page.
There are some special goods and services that do not qualify for the sales tax rate but instead are charged another rate. The most common category of these items falls under the excise tax. This is a special tax rate that is charged to gas, fuel, tobacco, and other goods that are heavily regulated by the government. Some services qualify for excise tax, such as using the highway. Air travel is in this category too.
Sales taxes are collected by the Department of Revenue. The taxes go to the General Fund, and it funds government expenses. Some parts of the sales tax fund state operations, such as K-12 education. The money can be used to fund other public services. The money collected from taxes is also used to pay the wages of jobs that are related to government agencies, such as police departments, libraries, museums, etc.
The first detail to know about sales taxes is that some states imposer the sale tax on the vendor, some to the buyer, and some states place sales taxes on both entities. It is important to know who pays the tax, as this affects whether you can claim the taxes as a refund or not.