This is a legal form that was released by the North Carolina Department of Revenue - a government authority operating within North Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form WM-1?
A: Form WM-1 is a certification form for classification and taxation of land as Wildlife Conservation Land under G.S. 105-277.15 in North Carolina.
Q: What is the purpose of Form WM-1?
A: The purpose of Form WM-1 is to certify that the land meets the requirements for classification and taxation as Wildlife Conservation Land.
Q: What is Wildlife Conservation Land?
A: Wildlife Conservation Land is property that is actively managed for the preservation and enhancement of wildlife habitat and is eligible for reduced property taxes.
Q: What are the requirements for classification as Wildlife Conservation Land?
A: To qualify as Wildlife Conservation Land, the property must meet certain criteria such as having a wildlife conservation management plan and being open to the public for outdoor recreational activities.
Q: Who is eligible to complete Form WM-1?
A: Owners of property in North Carolina that meet the requirements for classification as Wildlife Conservation Land are eligible to complete Form WM-1.
Q: When should Form WM-1 be completed?
A: Form WM-1 should be completed and filed with the county tax assessor's office annually by January 31st.
Q: What are the benefits of classification as Wildlife Conservation Land?
A: The benefits of classification as Wildlife Conservation Land include reduced property taxes and support for landowners who are committed to preserving wildlife habitat.
Q: What happens if Form WM-1 is not completed or filed?
A: Failure to complete and file Form WM-1 may result in the property not being classified as Wildlife Conservation Land and losing the associated tax benefits.
Q: Are there any penalties for providing false information on Form WM-1?
A: Yes, providing false information on Form WM-1 may result in penalties and the loss of classification and tax benefits for the property.
Form Details:
Download a fillable version of Form WM-1 by clicking the link below or browse more documents and templates provided by the North Carolina Department of Revenue.