North Carolina repealed most local privilege license authority through HB 1050 in 2014, eliminating Raleigh general business taxes. Limited categories like beer/wine, taxis, and adult businesses still pay city license fees.
Effective July 1, 2015, NCGS §160A-211 was amended by HB 1050 (2014) to repeal nearly all local privilege license tax authority. Raleigh once collected gross-receipts-based license taxes from most businesses; now only narrowly authorized categories remain (beer and wine retailers under §105-113.77, taxicabs, and certain adult businesses). General businesses pay state corporate or pass-through income tax (NCGS Chapter 105 Article 4) plus county property taxes. NC franchise tax under §105-122 applies to corporations. Wake County administers business personal property tax annually.
Operating without required state corporate registration, failing to file franchise tax, or skipping listing of business personal property triggers NC Department of Revenue penalties, Wake County interest charges, and possible loss of corporate good standing.
Raleigh, NC
North Carolina preempts most local tobacco licensing through NCGS §143-595 and federal Tobacco 21, leaving Raleigh limited authority. Retailers must verify a...
Raleigh, NC
Hotels and short-term rentals in Raleigh charge guests a 6% Wake County occupancy tax plus 4.75% NC state sales tax and 2% local sales tax, totaling roughly ...
See how Raleigh's business tax classification rules stack up against other locations.
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