Appeal of Winston-Salem Joint Venture
COA00-912, Appeal of Winston-Salem Joint Venture v. Forsyth County, Court of Appeals case of 98 PTC 1. "The Motion to Dismiss the Appeal and Petition for Discretionary Review to review the decision of the North Carolina Court of Appeals filed on the 17th day of July 2001, was denied by order of the North Carolina Supreme Court on the 4th day of October 2001, and the same has been certified to the North Carolina Court of Appeals."
98 PTC 1, Appeal of Winston-Salem Joint Venture v. Forsyth County, shopping mall, income approach, capitalization rate. "The Taxpayer failed to show by competent, material or substantial evidence that specific portions of the subject property's income stream were attributable to the non-realty components, defined by the Taxpayer, as the Hanes Mall's internal profit centers, and the intangible personal property associated with Hanes Mall's business."
Supreme Court Motion to Dismiss.