What Happens To Tax Rates In 2025 In Nc. North carolina currently has the 35 th highest state income tax rate for individuals. Additionally, the withholding rate for.


What Happens To Tax Rates In 2025 In Nc

In 2025, the corporate income tax rate will be cut from 2.5 percent to 2.25 percent while the personal income tax rate will also be reduced from 4.5 percent to 4.25 percent. Under the law that was part of north carolina’s 2023 budget bill, the individual income tax rate will decrease from 4.5% for 2024 to 4.25% for 2025.

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