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Generous Incentives, Low Taxes.

One of America’s most business-friendly states, North Carolina
makes it particularly attractive for new, expanding and relocating
companies to choose Washington County.
Designated a Tier One county, Washington County is eligible to
receive the maximum level of state incentives, many of which are not
available in other North Carolina counties. You can learn more about
state funded incentive programs at the NC Department of Commerce
web site.
Washington County also partners with various agencies, such as
North Carolina’s Northeast Economic Development Commission, that
offer support for economic development projects. And we recently
implemented the Washington County Economic Development
Performance Grant Program (EDPGP) to support new and expanding
businesses within the county.

TAX FACTS

Inventory tax: None
Intangibles tax: None
Sales tax on raw materials: None
County income tax: None
North Carolina income tax: 6.9%
Sales and use tax: 6.75 %
2006 property tax per $100 of assessed value:
- - Washington County $0.79
- - Creswell$0.39
- - Roper$0.82
- - Plymouth$0.59
NC franchise tax: $1.50 per $1,000 of the largest of the following:
- - Capital stock, surplus and undivided profits appropriated to the State
- - 55 percent of appraised value of property subject to taxation
- - Book value of real property in NC less debt to acquire