SalesTax Exact - NC is a customized software which allows you to prepare State, Local, and District Sales and Use Tax returns in Form E-500, E-500E, E-500F, E-500G, E-500H, E-500J, E-500S, E-544 and E-555 to file with the Department of Revenue, North Carolina.

Sales and Use Tax in North Carolina the base rate for sales and use tax purposes are the same. The combined base rate in North Carolina includes the following components:

• State Tax - 4.25%
• Items subject to the general rate are also subject to the 2.50% (2.75% in Alexander, Catawba, Martin, Pitt, Sampson and Surry Counties) local sales and use tax rate.
• Mecklenburg County has an additional 0.50% local tax for public transportation in addition to the 2.50% local sales and use tax rate
• A 2.00% local rate of sales or use tax applies to retail sales and purchases of qualifying food; the 0.50% Mecklenburg County sales and use tax for public transportation and the additional 0.25% local rate in the six counties listed above does not apply.
• Purchases of non qualifying food are subject to the general rate of State tax and the applicable local tax.
• A 3.00% State rate of sales or use tax applies to retail sales of aircraft and boats with a maximum tax of $1,500 per article.
• Form E-500 is used to file the 'Sales and Use Tax Return', E-550E is used to file 'Utility and Liquor, E-500F is used to file 'Motor Vehicle Lease and Rental Tax Return', E-500G 'Scrap Tire Disposal Tax Return', E-500H 'White Goods Disposal Tax Return', E-500J 'Machinery, Equipment and Fuel Tax Return', E-500S 'Dry-Cleaning Solvent Tax Return', E554 'Consumer Use Tax Return' and E55 is used to file 'Boat and Aircraft Use Tax Return' with North Carolina Department of Revenue.
• For timely filed returns, vendor's compensation is given. And for late filing of return, interest and penalty are charged