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Does DOR ask counties to routinely establish a pre-BF tax exclusion valuation baseline? If not, what valuation is used?

April 26, 2017baseline counties DOR exclusion routinely tax valuation

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Does DOR ask counties to routinely establish a pre-BF tax exclusion valuation baseline? If not, what valuation is used?

1 Answer

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10 Posted

No. The counties will use the schedule of values that were adopted by the county commissioners to value all property in the county. Market value as of the counties’ last reappraisal is the standard in North Carolina.