A district, and its property, bonds and notes, and income, are exempt from property taxes and income taxes to the same extent as if it were a city. A district is subject to gross receipts tax under G.S. 105-116. (1997-426, s. 2.)
Tax exemption
N.C. Gen. Stat. § 160A-675
N.C. Gen. Stat. § 160A-675