Opinion Number
10161967-1
Tax Type
Property Tax
Description
Acquisition of Property by Exempt Organizations; Abatement of Taxes
Topic
Exemptions
Date Issued
10-16-1967

Relief from payment of taxes and levies is granted (under § 58-822) to taxpayers whose property is acquired by the State or any of its political subdivisions or any church or religious body after the taxable year has begun. Statutory relief from payment of taxes applies as soon as title vests in the exempt agency.



Attorney General's Opinion

Last Updated 08/25/2014 16:42