The following items are considered taxable personal property in north carolina and are required to be listed by the owner and are subject to tax based on their january 1st value. property tax rates are based on the physical location of the property. (boats, aircraft, mobile homes, unregistered vehicles/motorcycles, trailers, campers and rvs). Boats and property tax in north carolina. i purloined the three messages below from the “gl” (great loop) mail list. as you will see, all are in regards to fulfilling boat – property tax regulations in the tar heel state. looking for input in regard to nc tax on transient boats.. Delinquent taxes are subject to collection action as authorized by the north carolina general statutes. these actions may include garnishment of wages, attachment of bank accounts, debt setoff of delinquent tax bills from individual north carolina tax returns and lottery winnings, levy (seizure) of personal property, and foreclosure of real estate..
The three main elements of the property tax system in north carolina are real property, personal property, and motor vehicles. real property consists of land and buildings. personal property consists of, for this guide, tangible personal property or all personal property that is not intangible and is not permanently affixed to real property.. County taxable real property, personal property, and public service company valuations; part i. taxes and north carolina gross state product; statistical abstract 2004 - part ii. fiscal year 2016-2017 county property tax rates and revaluation schedules . associated files. 2016-17_countytaxrates.pdf. The exact property tax levied depends on the county in north carolina the property is located in. orange county collects the highest property tax in north carolina, levying an average of $2,829.00 (1.09% of median home value) yearly in property taxes, while montgomery county has the lowest property tax in the state, collecting an average tax of.
