Articles in regional publications that pertain to a wide range of North Carolina-related topics.
State Taxes on Industry
Record #:
30515
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Abstract:
Industry in North Carolina pays slightly higher taxes at the state level than most of states in the country. Industry pays income tax, franchise tax, gasoline and license tax of motor vehicle equipment, and sales tax. These higher taxes are due to the the State's coverage of 90% of the cost of public education and the cost of road construction and maintenance.
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