Some of the most interesting and educational property tax cases often involve dealing with the complexities of special purpose properties. The recently decided case of UTGR v. Mandillo is no exception.
Read MoreIn it’s recent decision in the case of Nestle USA, Inc. v. Wisconsin Department of Revenue, the Supreme Court of Wisconsin affirmed The Court of Appeals decision denying Nestle’s property tax appeal regarding it’s Eau Claire, WI powdered infant formula facility. The two major issues were the highest and best use of the special…
Read MoreThe California State Board of Equalization recently released a draft of the proposed Guidelines for Substantiating Additional Obsolescence for Personal Property and Fixtures as part of a project to assist county assessors’ staff in identifying and quantifying obsolescence for personal property tax valuation. Although the proposed guidelines do not offer anything that can be considered…
Read MoreIn the recent case of Level 3 Communications, LLC v. Arizona Department of Revenue, the Arizona Court of Appeals affirmed the Arizona Tax Court’s decision rejecting the taxpayer’s claims of obsolescence regarding the valuation of personal property. The taxpayer’s contention was that the utility and salability of its property were impaired as a result of …
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