NC Sales Tax Increase – Get ready to make a run for the border
Posted by Donna BordeauxSunday, August 30th, 2009
Just a reminder that the North Carolina state sales tax rate will increase by 1% on Tuesday, September 1, 2009. For Mecklenburg county and the Charlotte area, that means the new sales tax rate will be a whopping 8.25% on goods (9.25% for prepared foods/restaurants). For those counties without special rates, the rate will increase to 7.75%.
This special rate was put into effect by Governor Bev Purdue and is scheduled to end on July 1, 2011 — unless it gets extended….
You can still make a run for the border to neighboring York county where the rate continues to be 7%. On large purchases, this could add up but make sure you are penny wise and not pound foolish — add the cost of gas to your analysis to see if it is worth it to make the drive.
For full details and rate changes by county, you can visit the NC Department of Revenue site at http://www.dornc.com/taxes/sales/rate_increase2009.html.
Donna Bordeaux is a Certified Public Accountant and Personal Financial Specialist with Bordeaux & Bordeaux, CPAs, PA in Lake Wylie, SC (a suburb of Charlotte, NC). For further information about Donna or her firm, please visit her website at Charlotte CPA or by phone at 704.752.9845.



