Begin new interest rate on delinquent taxes from 2016–17 and prior years. G.S. 105-360(a).

§ 105-360.  Due date; interest for nonpayment of taxes; discounts for prepayment; interest on overpayment of tax.

(a)        Taxes levied under this Subchapter by a taxing unit are due and payable on September 1 of the fiscal year for which the taxes are levied. Taxes are payable at par or face amount if paid before January 6 following the due date. Taxes paid on or after January 6 following the due date are subject to interest charges. Interest accrues on taxes paid on or after January 6 as follows:

(1)        For the period January 6 to February 1, interest accrues at the rate of two percent (2%).

(2)        For the period February 1 until the principal amount of the taxes, the accrued interest, and any penalties are paid, interest accrues at the rate of three-fourths of one percent (3/4%) a month or fraction thereof.