No. They are different.
North Carolina collects a Highway Use Tax (HUT) on vehicles instead of a state sales tax. The tax is assessed each time a title is transferred. Money that is collected for the Highway Use Tax goes to the NC Highway Trust Fund and the State's General Fund. That money is then used to improve the roads of North Carolina.
The North Carolina Property tax on Motor Vehicles is for annual vehicle tag renewals and vehicle property taxes combined into one billing.
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