North Carolina | 4.75% |
Guilford County | 2.00% |
City + District Rates Range | 0.00% |
Combined Sales Tax Rates Range | 6.75% |
Businesses are required to collect sales tax in Guilford if they have a sales tax nexus in North Carolina and sell to residents of Guilford, whether at a physical location within the county or online.
Physical Nexus: This occurs when a business has a tangible presence in the state. Examples include having a store, warehouse, office, or employees in North Carolina. If your business operates any of these within the state, you have a physical nexus and must collect sales tax from customers in Guilford. Economic Nexus: This is based on the volume of sales or the number of transactions a business conducts in the state. For instance, if your business exceeds a certain threshold of sales or transactions in North Carolina, which is often defined as a specific dollar amount or number of transactions, you establish economic nexus. This means even if you don’t have a physical presence in the state, you are still required to collect sales tax from customers in Guilford.