| QUICK FACTS |
| State |
North Carolina (NC) |
| Property Tax Appeal Deadline |
15 days from notice for real estate, 30 days from notice on business personal property |
| Taxable Property |
Land, Improvements, M&E, F&F, Computers, Autos |
| Average Tax Rate |
1% to 1.5% |
| Largest Metro Area(s) |
| METRO AREA |
PRIMARY TAX ASSESSORS |
| Charlotte |
Mecklenburg County |
| Greensboro |
Guilford County |
| Raleigh |
Wake County |
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Governing Law for Property Tax
North Carolina Machinery ActAdministrative Property Tax Appeal Procedure
Letter filed with Assessor prior to Board of Equalization adjournment (which varies from Co to Co) opens informal appeal discussions. Further appeal to BOE if satisfactory resolution is not possible at informal level. Appeal to NC Dept of Revenue and then District within 15 days of finding by Assessor or BOE. Attorney assistance necessary at Dept of Revenue level and CourtProperty Tax Litigation Procedure
If the taxpayer is dissatisfied with a determination of the NC Dept of Revenue, a lawsuit may be filed with the State Court of Appeals 30 days after the BOE’s decision.Tax Bill Procedure
Tax bills are mailed from July to Oct with 60 days in most cases to pay without penalty. Several Metro Atlanta counties allow taxes in two installments beginning in Aug. A 10% penalty is possible if bills are not paid on time with additional interest at 1% per month paid. Special tax bills reflecting 85% of proposed values are issued for properties under appeal at the time taxes are due.
| TAX INFORMATION |
| State |
North Carolina (NC) |
| Tax Year |
01/01-12/31 |
| Tax Assessment Date |
1-Jan |
| Exempt |
Agriculture related properties |
| Valuation Basis |
Market Value |
| Rendition Date |
Generally Jan 1 to May 15 |
| Late Rendition Penalty |
10% |
| Rendition Format |
Form provided by County |
| Proposed Value Notice |
Generally April-July, taxbill is notice. |
| Protest Steps |
BTA, BOE, NC Dept of Revenue, Court |
| Valuation By |
County Board of Tax Assessors |
| Reviewed By |
Board of Equalization |
| Suit Filed With |
Court of Appeals |
| Assessment Ratio |
100% |
| Taxing Units |
County, City, School |
| Taxbill Mailed |
Generally July – October |
| Taxes Due |
Jan 5th following year for real estate. Generally from 8/15 – 12/15 for business personal property. |
| Tax Consultant Requirements |
No current law on books dealing specifically with consultants. |
| Agent Appointment |
Power of Attorney provided by owner/client |
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