The residents living in the City of Wilmington, or the towns of Wrightsville Beach, Carolina Beach or Kure Beach are subject to the rate for the respective municipality plus the rate for the county. Residents not living within the municipality are subject to the County rate plus a Fire District tax. Real property is permanently listed in the county. However, an annual requirement every January is to list improvements made to real property in the prior year, and to list unregistered vehicles, mobile homes, airplanes, boats and watercraft, and business personal property. Taxes for property required to be listed in January are due January 5 of the following year.
Interest is charged for late payment.
Registered vehicles are taxed on a staggered basis. The tax is due in the fourth month following registration or renewal of registration. Tax N.C. Corporation Income Tax Franchise Tax N.C. Tax Credits and Incentives North Carolina recently enacted the Quality Jobs and Expansion Act, allowing competitive incentives for company expansions and relocation to North Carolina. The state has often led the Southeast in relocations and expansions of industry, but increasingly firms are looking at what it costs to do business. Incentives often make the difference.