APPEAL OF PHILIP MORRIS U.S.A.

No. COA97-848.

503 S.E.2d 679 (1998)

In the Matter of Appeal of PHILIP MORRIS U.S.A. from the decision of the Cabarrus County Board of Equalization and Review concerning real property taxation for 1994.

Court of Appeals of North Carolina.

August 18, 1998.


Attorney(s) appearing for the Case

Maupin, Taylor & Ellis, P.A. by Charles B. Neely, Jr., and Nancy S. Rendleman, Raleigh; Hunton & Williams by David A. Agosto, New York, NY, for taxpayer-appellant.

Parker, Poe, Adams & Bernstein, L.L.P. by Charles C. Meeker, Raleigh; Blakeney & Alexander by David L. Terry, Charlotte, for county-appellee.


JOHN C. MARTIN, Judge.

Philip Morris, U.S.A., (Philip Morris) appeals from a decision of the North Carolina Property Tax Commission (Commission) assigning a value of $335,686,000, for ad valorem tax purposes, to Philip Morris' cigarette manufacturing plant located in Cabarrus County. We affirm.

Briefly stated, the historical background of this case is as follows: Philip Morris completed its cigarette manufacturing plant in Cabarrus County in 1982. The...

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