North Carolina

US North Carolina withdraws out-of-state sales tax transaction threshold – vatcalc.com

Published

on


200-transaction per annum threshold removed; $100k threshold remains

The US state of North Carolina joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per annum, and applied to out-of-state – sellers without a presence or nexus in the state.

This means the obligation to register for sales tax collections only applies for remote sellers with sales over $100,000 per annum.

The change applies from 1 July 2024.

The base state sales tax rate in North Carolina is 4.75%.

Advertisement

US Sales Tax rates and selling thresholds


State

State sales tax rate

Remote seller annual thresholds

Digital services taxable?

$ threshold

Transactions threshold

Alabama

4.0%

1 Oct 2018

$250,000

Yes

Alaska

0%


n/a

No state-wide tax

Arizona

5.6%

1 Oct 2019

$100,000


Yes

Arkansas

6.5%

1 July 2019

$100,000

200 transactions

Yes

California

6.0%

1 April 2019

$500,000


No

Colorado

2.9%

1 Dec 2018

$100,000


Yes

Connecticut

6.35%

1 Dec 2018

$100,000

200 transactions

Yes

Delaware

0.0%


n/a

No state sales tax

Florida

6.0%

1 July 2021

$100,000


No

Communications Tax. E-books exempt

Georgia

4.0%

1 Jan 2019

$100,000

200 transactions

No

Hawaii

4.0%

1 July 2018

$100,000

200 transactions

Yes

General Excise Tax

Idaho

6.0%

1 June 2019

$100,000

Yes

Software exempt

Illinois

6.25%

1 Oct 2018

$100,000

200 transactions

No

Indiana

7.0%

1 Oct 2018

$100,000

– (since Jan 2024)

Yes

Iowa

6.0%

1 Jan 2019

$100,000


Yes

Kansas

6.5%

1 July 2021

$100,000


No

Kentucky

6.0%

1 Oct 2018

$100,000

200 transactions

Yes

Louisiana

4.45%

1 July 2020

$100,000

– (since Aug 2023)

Yes

Maine

5.5%

1 July 2018

$100,000

– (since 2022)

Yes

Maryland

6.0%

1 Oct 2018

$100,000

200 transactions

Yes

Massachusetts

5.6%

1 Oct 2018

$100,000

No

Michigan

6.0%

30 Sep 2018

$100,000

200 transactions

No

Minnesota

6.875%

1 Oct 2018

$100,000

200 transactions

Yes

Mississippi

7.0%

1 Sep 2018

$250,000


Yes

Missouri

4.225%

1 Jan 2023

$100,000


No

Montana

0.0%


n/a

No state sales tax

Nebraska

5.5%

1 April 2019

$100,000

200 transactions

Yes

Nevada

4.6%

1 Oct 2018

$100,000

200 transactions

No

New Hampshire

0.0%


n/a

New Jersey

6.625%

1 Nov 2018

$100,000

200 transactions

Yes

New Mexico

5.0%

1 July 2019

$100,000


Yes

New York

4.0%

21 July 2018

$500,000

100 transactions

No

North Carolina

4.75%

1 Nov 2018

$100,000

– (since 2024)

Yes

North Dakota

5.0%

1 Oct 2018

$100,000


No

Ohio

5.75%

1 Aug 2019

$100,000

200 transactions

Yes

Oklahoma

4.5%

1 Nov 2019

$100,000


No

Oregon

0.0%


n/a

No state sales tax

Pennsylvania

6.0%

1 July 2019

$100,000

Yes

Puerto Rico

10.5%

1 Jan 2021

$100,000

200 transactions

Yes

Rhode Island

7.0%

1 July 2019

$100,000

200 transactions

Yes

South Carolina

6.0%

1 Nov 2018

$100,000


No

South Dakota

4.5%

1 Nov 2018

$100,000

– (since Jul 2023)

Yes

Tennessee

7.0%

1 July 2019

$100,000


Yes

Texas

6.25%

1 Oct 2019

$500,000


Yes

Only if physcial equivilaent is taxable (e.g. books)

Utah

4.7%

1 Jan 2019

$100,000

200 transactions

Yes

Vermont

6.0%

1 July 2018

$100,000

200 transactions

Yes

Virginia

4.3%

1 July 2019

$100,000

200 transactions

Yes

Washington

6.5%

1 Oct 2018

$100,000


Yes

Washington, DC

6.0%

1 Jan 2019

$100,000

200 transactions

Yes

West Virginia

6.0%

1 Jan 2019

$100,000

200 transactions

Yes

Streaming services only

Wisconsin

5.0%

1 Oct 2018

$100,000

– (since 2021)

Yes

Wyoming

4.0%

1 Feb 2019

$100,000

– (since 2024)

Yes

Advertisement



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version