Brunswick County Economic Development Commission
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 Taxation


Brunswick County Real Property Tax: $0.305 per $100 of assessed value. The tax rate is set in July of each year. Properties located in towns have additional real estate taxes.

Brunswick County Personal Property Tax: $0.305 per $100 of assessed value. The tax rate is set in July of each year. This generally applies to vehicles.

North Carolina/Brunswick County combined Sales Tax: 7.00% of this amount 4 1/2 percent is remitted to the state. Sales tax on non-prepared food items is 2 percent.

North Carolina Highway Use Tax: 3% Minimum of $40, Maximum of $1000

North Carolina Corporate Income Tax:
The corporate income tax rate on net income attributed to North Carolina is 6.9%.

North Carolina Franchise Tax:
Levied on NC corporations annually, $35 minimum

Rate: $1.50 per $1000 of the largest of the following:
Capital stock, surplus and undivided profits
55% of appraised value of property subject to tax
Book value of real property in NC less debt to acquire.