§ 32.02 DISCOUNTS AND INTEREST ON TAXES.
   (A)   All taxes levied by the town under the provision of the State Machinery Act (G.S. §§ 105-271 et seq.) shall be due and payable on September 1 of the fiscal year for which they are levied.
   (B)   For the purposes of computing discounts and interest, tax payments submitted by mail shall be deemed to be received as of the date shown on the postmark affixed by the United States Postal Service. If no date is shown on the postmark or if the postmark is not affixed by the United States Postal Service, the tax payment shall be deemed to be received when the payment is received in the office of the Town Tax Collector. In any dispute arising under this section, the burden of proof shall be on the taxpayer to show that the payment was timely made.
   (C)   All taxes prepaid during the month of August of the year they are levied shall be entitled to a 1% discount.
   (D)   After September 1 and on or before January 5 next after the tax is due and payable, the tax shall be paid at par or face value.
   (E)   On or after January 6 following the due date and before February 1 thereafter, there shall be added to the taxes at the rate of 2%.
   (F)   On or after February 1 following the due date, there shall be added to the taxes, in addition to the 2% provided for in division (C) above, interest at the rate of 0.75% per month or fraction thereof until the taxes, plus penalties and interest, have been paid.
(Prior Code, § 35.02)
Statutory reference:
   Related provisions, see G.S. §§ 105-271 et seq.