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Below is a snapshot of key features of North Dakota's tax system. (Scroll Down)
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State & Local Revenue (FY10)
- General Revenue, Own-Source (GROS): $5.1 billion
- General Revenue as a Share of Income: 18.5%
- Tax Revenue: $3.5 billion
- Tax Revenue as Share of income: 12.7%
- Personal Income Tax (Share of Tax Revenue): 8.7% (42 out of 51)
- Corporate Income Tax (Share of Tax Revenue): 2.5 % ( 28 out of 51)
- Sales & Excise Tax (Share of Tax Revenue): 31.0 % ( 34 out of 51)
- Property Tax (Share of Tax Revenue): 19.8 % ( 48 out of 51)
- Other Taxes (Share of Tax Revenue): 35.5 % (3 out of 51)
Personal Income Tax Features (2012)
- Range of Tax Rates: 1.51% - 3.99%
- Standard Deduction: $5,950 ($11,900 for Married Couples)
- Personal Exemption: $3,800
- Dependent Exemption: $3,800
- Earned Income Tax Credit (EITC): None
- Personal exemption phases out for high income levels
Corporate Income Tax Features (2012)
- Range of Tax Rates: 1.68% - 5.12%
- Income Level at Which Top Rate Applies: $50,000
- Combined Reporting: Yes
- Apportionment Factor (Payroll): 33%
- Apportionment Factor (Property): 33%
- Apportionment Factor (Sales): 33%
Sales Tax Features (2012)
- State Sales Tax Rate: 5.00%
- Average Local Sales Tax Rate: 0.85%
- Average Combined State & Local Sales Tax Rate: 5.85%
- State Sales Tax Treatment of Groceries: Exempt
- Local Sales Tax Treatment of Groceries: Exempt
- Number of Services Taxed: 26 out of 168 surveyed
- Streamlined Sales Tax Membership: Full
Property Tax Features (2012)
- Does not provide a meaningful circuit breaker for non-elderly taxpayers.
Other Tax & Revenue Features (2012)
- Gasoline Tax Rate (per gallon): $0.23
- Diesel Tax Rate (per gallon): $0.23
- Cigarette Tax Rate (per pack): $0.44
- Estate or Inheritance Tax: No
- Net Lottery Sales Per Capita: $35
Tax Policy Oversight
- Tax Expenditure Report: Yes, but excludes at least one major tax
- Tax Incidence Analysis Capability: None
Last Updated October 4, 2012
Sources & Glossary
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