{"data":{"id":"us-nc/n.c.-gen.-stat.-105-274","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 105-274","heading":"Property subject to taxation.","body":"(a)\tAll property, real and personal, within the jurisdiction of the State shall be subject to taxation unless it is:\n(1)\tExcluded from the tax base by a statute of statewide application enacted under the classification power accorded the General Assembly by Article V, § 2(2), of the North Carolina Constitution, or\n(2)\tExempted from taxation by the Constitution or by a statute of statewide application enacted under the authority granted the General Assembly by Article V, § 2(3), of the North Carolina Constitution.\n(b)\t No provision of this Subchapter shall be construed to exempt from taxation any property situated in this State belonging to any foreign corporation unless the context of the provision clearly indicates a legislative intent to grant such an exemption. (1939, c. 310, ss. 303, 1800; 1961, c. 1169, s. 8; 1967, c. 1185; 1971, c. 806, s. 1.)","path":["","SUBCHAPTER II. LISTING, APPRAISAL, AND ASSESSMENT OF PROPERTY AND COLLECTION OF TAXES ON PROPERTY.","Article 12. Property Subject to Taxation."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_105/GS_105-274.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:15:52Z","sha256":"22885dca158611f03c41bbb9503d4bc1e16dd56f75478c15b73d70d80fee08b6","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-105-273","next":"us-nc/n.c.-gen.-stat.-105-275"},"notice":"GroundRules: Original legal text. Not legal advice."}