make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

Developer loses tax appeal

READ MORE:

BRUNSWICK COUNTY, NC (WWAY) -- A Brunswick County developer who owes more than $2 million in back taxes lost his appeal to have his tax bill reduced. Mark Saunders and his attorneys argued that Brunswick County improperly revalued hundreds of lots in his luxury home developments, making his tax bill skyrocket overnight.

The Board of Equalization and review ruled that saunders is too late to appeal his 2008 and 2009 tax bills. They say his 2010 tax valuation was done correctly.

Saunders and his attorney plan to appeal to the state level. The county set up a payment plan to collect the back taxes.

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

»

Mark Saunders Crook

Mark Saunders should go to jail for the ponzi scheme he perpetrated on us. Selling us overpriced land and taking the money to move on and start another community without ever finishing the one we bought in.

Taxes

What a shame, he has to pay his taxes like the rest of us.

So the property was only

So the property was only worth the extravagant amount when he was selling them, but now that he has to pay taxes on it, he says the value was set too high?