North Carolina Statutes
§ 160A-675 — Tax exemption
A district, and its property, bonds and notes, and income, are exempt from property taxes and income taxes to the same extent as if it were a city. A district is subject to gross receipts tax under G.S. 105-116. (1997-426, s. 2.)
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Nearby Sections
15
§ 160A-1
Application and meaning of terms§ 160A-101
Optional forms§ 160A-102
Amendment by ordinance§ 160A-107
Plan to continue for two years§ 160A-108
Municipal officers to carry out plan§ 160A-109
Effective date§ 160A-11
Corporate powers§ 160A-110
Charters to remain in force§ 160A-12
Exercise of corporate power