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V.B Request for Relief of Late Listing Penalty - Coty US LLC Coty US LLC submitted a letter requesting relief of a later listing penalty. Per NCGS 105-307(a), a taxpayer is required to file a listing with the tax office by January 31. Individual extensions may be requested of the assessor prior to the end of the regular listing period. Lee County grants extensions upon request until March 15. The taxpayer did request and received an extension until March 15. The personal property listing was filed, received by USPS, with the Tax Office on March 25. Since the listing was filed late, the assessor must apply a 10% penalty to properties that are late listed per NCGS 105- 312(h). The penalty does exceed the $5,000 stated in the resolution. The amount of the penalty for county taxes for Coty US LLC is $31,501.22. The taxpayer, Coty, US LLC has not listed late in the past five years. Coty does have an economic development grant but has not received any payments from it at this time. Applying the adopted guidelines, the eligible reduction at the Board's discretion would be 50%. County Manager John Crumpton reminded the Board regarding the Board's discretion to consider different options on a case by case basis. This item was brought to the Board due to an account oversight by staff that previously thought this was an exempt account. Coty Letter Requesting Relief.pdf Business Personal Listing Form - Coty US LLC.pdf Coty US LLC Tax Bill.pdf 2021 Bill Inquiry Account View - Coty US LLC.pdf Resolution Late Tax Listing Penalty Guidelines.pdf NCGS 105-307.docx NCGS 105-312.docx Motion: Motion to enforce the full late list penalty for Coty. Amended motion stating that if there has not been a penalty in the last five years, then assess a $5,000 penalty. Mover: Cameron Sharpe Moved To: Approve For: 7 - Arianna Del Palazzo, Dr. Andre Knecht, Robert Reives, Cameron Sharpe, Kirk Smith, Bill Carver, Mark Lovick Motion Result: Passed V.A Discussion Regarding Late List Penalty Guidelines County Attorney Whitney Parrish stated that after the last board meeting's discussion on late listing penalties, there was discussion on the current guidelines and as part of that additional guidelines have been drafted. The last version of the Late List Penalty Guidelines was adopted by the Board in 2013. Resolution_Late_Tax_Listing_Penalty_Guidelines.pdf Motion: Motion to approve the Resolution amending the Late List Guidelines, a copy of which is attached and incorporated into these minutes. Mover: Cameron Sharpe For: 7 - Arianna Lavallee, Dr. Andre Knecht, Robert Reives, Cameron Sharpe, Kirk Smith, Bill Carver, Mark Lovick Motion Result: Passed 4