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Dec. 15—Bernalillo County business owners can start filing their business personal property forms, which are due Feb. 29. There's a 5% penalty for anyone who files after the last day of February.
The North Carolina Department of Administration was established in 1957 and authorized by North Carolina General Statute 143B, Article 9, Paragraph 143B-366. The department provides business management to the North Carolina government. NCDOA is one of the ten cabinet level agencies.
The New Politics of North Carolina. Chapel Hill: University of North Carolina Press. ISBN 9781469606583. Fleer, Jack (2007). Governors Speak. University Press of America. ISBN 9780761835646. Fleer, Jack D. (1994). North Carolina Government & Politics. Lincoln: University of Nebraska Press. ISBN 9780803268852. Guillory, Ferrel (June 1988).
Accountants distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all). It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel.
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The three main elements of the property tax system in North Carolina are real property, motor vehicles and personal property (inventories and household personal property are exempt). Estimated at 10.5% of income, North Carolina's state and local tax burden percentage ranks 23rd highest nationally (taxpayers pay an average of $3,526 per-capita ...
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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
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