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July 30, 2010



Developer suing over tax assessment

MERRIMACK – The developer of a 144-unit apartment complex has sued the town, arguing its property assessment – and thus its tax bill – is too high.

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Preparing for the N.C. Research Campus Kannapolis leaders hold sessions to answer tax district questions

KANNAPOLIS — While city leaders here agree that tax increment financing bonds may be the way to go when paying for infrastructure changes for the North Carolina Research Campus , many residents don't really know what the bonds are and how the proposed district to pay for them was created.

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Finance urges changes to tax info rules

Foreigh tax authorities will be allowed to look into the returns and bank deposits of taxpayers as part of Finance department-endorsed steps to comply with standards set by the Organization for Economic Cooperation and Development (OECD).

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