Sales Tax in Yadkinville, North Carolina in 2024
The combined sales tax rate for Yadkinville, North Carolina is 6.75%. Your total sales tax rate combines the North Carolina state tax (4.75%) and the Yadkin County sales tax (2.00%). Yadkinville doesn’t levy a city sales tax, nor a special tax.
We'll walk you through how the sales tax rate is determined for Yadkinville and address some common questions you may have. We'll also cover how to collect, audit, and remit sales tax in Yadkinville.
Plus, we’ll share the best solution that will ensure you are always compliant across the entire sales tax lifecycle.
Disclaimer: Our sales tax data is updated on a quarterly basis.
Book a call today
We'll answer all of your sales tax questions & address any of your concerns to ensure that you never have to worry about sales tax again-
1Book a free 30 minute call
-
2Meet with one of our experts
-
3Get sales tax off your plate
Yadkinville Sales Tax Rate 2024
Yadkinville is located in Yadkin County in North Carolina, United States, and has a sales tax rate of 6.75%. This includes local and state sales tax rates.
Here is the breakdown of the Yadkinville's sales tax:
Tax Jurisdiction | Sales Tax Rate |
North Carolina State Tax | 4.75% |
Yadkin County Tax | 2.00% |
Combined Rate | 6.75% |
This rate applies to the following zip codes in Yadkinville:
27055 |
How Does the Yadkinville Sales Tax Compare to the Rest of North Carolina?
Yadkinville is among the cities with the lowest sales tax rate (6.75%) in North Carolina. It is 0.75% lower than North Carolina’s highest rate, which sits at 7.50% and can be found in cities like Chapel Hill.
To give you a better idea, here’s a comparison of Yadkinville sales tax rates with a few other cities in North Carolina:
City | Sales Tax Rates |
Yadkinville | 6.75% |
Hickory | 6.75%-7.00% |
Fuquay-Varina | 7.00%-7.25% |
Cornelius | 7.25% |
Chapel Hill | 7.50% |
You can also compare the sales tax rate of Yadkinville against the North Carolina cities closest in population size:
- Red Springs's sales tax rate is 6.75%-7.00%
- Granite Quarry's sales tax rate is 7.00%
What Creates Sales Tax Nexus in Yadkinville?
Yadkinville doesn’t have any separate nexus rules. It follows the North Carolina state tax law.
Read More: Check out this detailed guide on Sales Tax in North Carolina.
North Carolina state sales tax nexus rules are:
- Economic Nexus: Businesses making taxable sales of more than $100,000, or 200 separate transactions in the past 12 months.
- Physical Location: Businesses having a store, office, warehouse, or other place of business. Selling or distributing taxable items in company-owned vehicles in the state also creates a nexus.
- Employee Location: Businesses with employees in the state.
- Special Events: Businesses that sell taxable goods and services in specialty markets, flea markets, fairs, festivals, sporting events, entertainment events, and other events must register for sales tax.
What Products Are Exempt from Yadkinville Sales Tax?
Sales tax exemptions are granted by the North Carolina sales tax law — without any unique exceptions for the Yadkinville.
- Products of forests and mines sold in their original or unmanufactured state.
- Sales of commercial logging machinery, its parts, lubricants, and fuel.
- Sales of mill machinery, mill machinery parts, or accessories to a manufacturing plant or contractor.
- Medical equipment like prosthetic devices, durable medical supplies, and over-the-counter drugs sold on prescription.
- Sales of diapers or incontinence underpads sold on prescription by an enrolled State Medicaid provider to beneficiaries of the State Medicaid program.
- The lease or rental of films, motion picture films, transcriptions, and recordings to radio stations and television stations that have the exemption certificate from the Federal Communications Commission.
- Food and prepared food sold within the school building during regular school hours.
- Tangible personal property purchased for exporting to a foreign country for exclusive use or consumption in other countries.
Who Needs a Sales Permit in Yadkinville?
You need to apply for a certificate of registration when you do business in North Carolina. For example, when you sell (or rent) tangible property, certain digital products, or taxable services. This includes selling at retail or specialty markets or events.
You’ll also need a sales permit if you’re a remote seller making more than $100,000 or 200 transactions in the state. Additionally, although wholesalers don’t need to pay sales tax, they need to register and obtain a Certificate of Registration.
A sales tax permit is usually issued by the state in the United States. You can register for one online at the North Carolina Department of Revenue.
How to Collect Sales Tax in Yadkinville
North Carolina is a “destination-based” sales tax sourcing state.
This means when you make a taxable sale to a customer in North Carolina, you should charge the combined sales tax rate at the buyer’s ship-to address.
For instance, if you have a business located in Los Angeles, California, and sell to a customer in Yadkinville, North Carolina — you’ll have to charge the customer the sales tax rate of Yadkinville.
Learn more about origin-based and destination-based sales tax sourcing here.
How to File and Pay Sales Tax in Yadkinville
You have multiple options to file and pay Yadkinville sales tax returns:
- File and pay online: You can file and pay North Carolina sales tax online via their Online Filing and Payments system. Taxpayers who owe more than $20,000 per month should file and pay online.
- File and pay by mail: You can fill out form E-500 and mail it in. You’ll receive a sales tax return booklet when you register for a North Carolina sales tax permit.
- Telefile: You can telefile by calling 1-877-252-3052
- Even better, you can streamline your sales tax management with Zamp. Our comprehensive white-glove onboarding, precise calculations, and easy registrations will help you maintain compliance across the United States!