Posts Tagged ‘property taxes’

Government Property and Property Taxes

Friday, August 5th, 2016

Property owned by a government—local, state, or federal—is exempt from property taxes in North Carolina.  That’s one of the most simple, straightforward provisions in the entire Machinery Act. (You can find it in G.S. 105-278.1).  So why do we need to spend an entire blog post talking about government property? Because the topic isn’t as […]

Chasing Nickels and Dimes: Small Overpayments, Small Underpayments, and Tiny Tax Bills

Friday, July 10th, 2015

[UPDATE 10/16/15:  S.L. 2015-266 slightly changed the rules governing overpayments.  See this blog post for more details.] Does a tax office need to collect every penny of every tax bill? Usually the answer is yes, because GS 105-380 and -381 prohibit local governments from waiving a valid tax.  If a tax office decides not to […]