Appeal of New Tree Farms LLC

14 PTC 0137, Appeal of New Tree Farms LLC v. Northampton County, present-use value, audit. "Since the Assessor did perform an audit review in compliance with N.C. Gen. Stat. § 105-296(j), as the Commission determines in this case, and the Taxpayer did not comply with the statutory time period, the subject property lose its eligibility for present-use value."