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Deductions & credits
No. North Carolina collects a 3% Highway Use Tax on vehicles in lieu of a state sales tax (General Statute 105-187.2). North Carolina’s property tax rates are relatively low in comparison to those of other states. The average effective property tax rate in North Carolina is 0.86%.
For vehicles, some state documents refer to it as a "vehicle property tax". So that's where it's possible for confusion to result.
June 27, 2019
12:34 PM