In re Appeal of Bassett Furniture Industries, Inc.

EAGLES, Judge.

In its six assignments of error, Bassett argues that the 1981 Saberliner Jet aircraft was not within the jurisdiction of North Carolina on 1 January 1984 and therefore not subject to ad valo-rem taxation by Rockingham County. Consequently, Bassett argues, the imposition of the tax constitutes a deprivation of its property and denial of equal protection of the law in violation of the due process and equal protection clauses of the Fourteenth Amendment. We disagree.

G.S. 105-274(a) provides that “[a]ll property, real and personal, within the jurisdiction of the State shall be…