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01-18-2024, 04:12 PM | #41 | |
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Join Date: Mar 2012
Location: Ohio
Posts: 1,978
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Re: Notes on getting your A declared property tax exempt in NC
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01-18-2024, 08:30 PM | #42 | |
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Join Date: Jun 2014
Location: Melbourne, Australia
Posts: 7,502
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Re: Notes on getting your A declared property tax exempt in NC
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If a home owner doesn't pay their local Government rates for (I think) 3 years, the house may be sold from under them, otherwise, a man's home is his castle. Council rates pay for local roads, rubbish collection, libraries etc. It's not fundamentally any different from annual vehicle registration fees, which they do have in Australia and which are also paid using taxable income. Alexistai, I don't see the similarity. Our registration fees have two components. The first pays for the construction and maintenance of major roads in the state, the second is a system of compulsory third party insurance. That covers ONLY medical bills for anybody injured on the road. It does NOT cover any property damage - that is for the car's owner to arrange. Any road user here is entirely covered for medical costs including rehabilitation in the case of a collision. In short, our registration fees are the car owner buying the right to use the roads and to be insured for personal injury while doing so. A person could own a museum full of valuable cars and not be liable for a cent in tax.
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I'm part of the only ever generation with an analogue childhood and a digital adulthood. Last edited by Synchro909; 01-18-2024 at 08:41 PM. |
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01-18-2024, 09:13 PM | #43 |
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Join Date: Apr 2018
Location: Mebane NC
Posts: 2,358
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Re: Notes on getting your A declared property tax exempt in NC
Same here. The tax is assessed only when the owner registers the car for the year. Not registered, sitting in a museum – no tax. It is a tax rather than a fee because the amount charged varies by county and city.
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01-19-2024, 05:40 AM | #44 |
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Join Date: May 2010
Location: VA
Posts: 1,412
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Re: Notes on getting your A declared property tax exempt in NC
The lawyers seem to be able to find a difference between a tax and a fee, but either way, it is cash going from you to the government for them to spend.
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