Section 105-278.2 - (Effective for taxes imposed for taxable years beginning on or after July 1, 2022) Burial property(a) Commercial Property. - Real property set apart for burial purposes that is owned and held for purposes of (i) sale or rental or (ii) sale of burial rights therein is exempt from taxation. A single application is required under G.S. 105-282.1 for property exempt under this subsection. (b) Other Property. - Real property set apart for burial purposes not owned and held for a purpose listed in subsection (a) of this section is exempt from taxation. No application is required under G.S. 105-282.1 for property exempt under this subsection. A local government cannot deny the exemption provided under this subsection to a taxpayer that lacks a survey or plat detailing the exempt property. (c) Terms. - For purposes of this section, the term "real property" includes land, tombs, vaults, monuments, and mausoleums, and the term "burial" includes entombment.N.C. Gen. Stat. § 105-278.2
Amended by 2021 N.C. Sess. Laws 180, s. 42.12-a, eff. 7/1/2021, effective for taxes imposed for taxable years beginning on or after July 1, 2022.Amended by 2018 N.C. Sess. Laws 113, s. 15, eff. 6/27/2018. 1973 , c. 695, s. 4; 1987 , c. 724.This section is set out twice. See also §105-278.2, effective for taxes imposed for taxable years beginning before July 1, 2022.