Opinion
No. 506A02
Filed 2 May 2003
Taxation — ad valorem — educational exemption — Maharishi Spiritual Center
The decision of the Court of Appeals that the Property Tax Commission erred by concluding that the Maharishi Spiritual Center did not qualify for an educational exemption from ad valorem taxes is reversed for the reasons stated in the dissenting opinion that the evidence supported the Commission's finding and conclusion that the Spiritual Center's facilities are not wholly and exclusively used for educational purposes.
Appeal pursuant to N.C.G.S. § 7A-30(2) from the decision of a divided panel of the Court of Appeals, 152 N.C. App. 269, 569 S.E.2d 3 (2002), reversing in part and remanding in part a final decision entered 27 December 2000 by the North Carolina Property Tax Commission. Heard in the Supreme Court 7 April 2003.
Moore Van Allen, PLLC, by Charles H. Mercer, Jr.; John S. Hughes; and Reed J. Hollander, for appellee taxpayer. Parker, Poe, Adams Bernstein, by Charles C. Meeker and John J. Butler; and Jeffery M. Hedrick, Watauga County Attorney, for appellant Watauga County.
For the reasons stated in the dissenting opinion, we reverse the decision of the Court of Appeals.
REVERSED.