Want to ask a question? Click here

Why is the McDonald’s at Shipyard Boulevard and Carolina Beach Road charging 8% sales tax on a $1 item?

Wayne Faulkner
StarNews

You can’t divide a penny into quarters: Merchants are allowed under N.C. law to round up sales tax charged when the amount involves a fraction, according to Beth Stevenson, spokeswoman for the N.C. Department of Revenue. Currently, the sales tax on a $1 purchase would be 7.75 cents in New Hanover County. Rounded up, that’s 8 percent.

If the purchase were $10, however, there’s no penny pinching: The current sales tax would be 75 cents. On $100, $7.75.

But take solace in the fact that after New Hanover’s 0.25 percentage-point sales tax increase goes into effect Oct. 1, the tax on your $1 item at McDonald’s will still be 8 cents.

User-contributed question by:
Carolyn

Got a comment about this post or know more about the answer? Click here to let us know!


Bookmark and Share

One Response to “ Why is the McDonald’s at Shipyard Boulevard and Carolina Beach Road charging 8% sales tax on a $1 item?”

  1. On July 27, 2010 at 8:14 pm aj wrote:

    $10 should have 78 cents sales tax charged – not 75 cents

    http://www.zip2tax.com/z2t_lookup.asp

    The above free link lets anyone calculate sales tax anywhere in US



X
Ask a question
X

Ask a question

If you’re looking for answers about living in coastal North Carolina, you’ve come to the right place. If we don’t have the answer to your question, we’ll find out or try to find someone who does. Hey, that’s our job! So, ask your question below and we’ll do our best to find the answer. Once we do, we’ll post it in an appropriate category.





Can we use your name to credit you by name (no e-mail or other contact information) with this question when we post an answer?
Yes
Your question:

Post a comment
X

Talk to us!

Have a comment about this post or know more about the answer? Use this form to let us know. Note that all comments are moderated and must be approved before they are posted, although you may see your own comments the first time you post them.





Your comment: