SALT Report 2791 – Recently enacted legislation in North Carolina amends the way the highway use tax rate is calculated.   Effective January 1, 2014, the highway use tax rate is based on 3% of the sum of the following:

• The retail value of a motor vehicle for which a certificate of title is issued, and
• Any fee regulated by Sec. 20-101.1, G.S.

For Further Information

North Carolina General Assembly – Senate Bill 402, Laws 2013