AV-15 Motor Freight Carrier Companies Annual Report for Ad Valorem Tax Valuation

AV-15 Motor Freight Carrier Companies Annual Report for Ad Valorem Tax Valuation under North Carolina General Statute 105-333(10) Motor freight carrier company. - A company engaged in the business of transporting property by motor vehicle for hire over the public highways of this state as provided in this subdivision: a. As to interstate carrier companies domiciled in North Carolina, this term includes carriers who regularly transport property by tractor trailer to or from one or more terminals owned or leased by the carrier outside this state or two or more terminals inside this state. For purposes of appraisal and allocation only, the term also includes a North Carolina interstate carrier that does not have a terminal outside this state but whose operations outside the state are sufficient to require the payment of ad valorem taxes on a portion of the value of the rolling stock of the carrier to taxing units in one or more other states. b. As to interstate carrier companies domiciled outside this state, this term includes carriers who regularly transport property by tractor trailer to or from one or more terminals owned or leased by the carrier inside this state. c. As to intrastate carrier companies, this term includes only those carriers that are engaged in the transportation of property by tractor trailer to or from two or more terminals owned or leased by the carrier in this state.