Lower Property Taxes are Silver Lining for Landlords in Weak Retail Market – Esther Fung – Fox Business

In April, the Indiana Supreme Court handed Kohl’s Corp. a victory when it agreed not to review a lowered property assessment that was awarded to one of Kohl’s stores because of the growing vacancy and dropping values of other shopping centers in its area.

Read More…

If you think your business is overpaying property taxes, give us a call to find out. 219-472-8682.

Baraboo joins tax fight against retailers – Ben Bromley – Baraboo New Republic

Baraboo is joining communities statewide in asking the state Legislature to close a tax loophole exploited by big-box retailers.

On Tuesday, the City Council voted unanimously to support a resolution asking for legislation to eliminate the “dark stores” loophole. National retail chains looking to reduce their property tax burden are suing municipalities over their assessments, claiming their stores should be valued the same as vacant buildings of comparable size.

Read More…

Property tax assessment at center of issue with County and Belterra – Vevay Media Group

A long running dispute between the county and Belterra Resort Indiana, LLC may result in the county repaying property tax money to the Casino.

At the April meeting of the Switzerland County Council, county officials discussed the situation, which has been going on since 2009. At the center of the controversy has been Belterra’s assertion that the property is assessed at a greater value than it should be. The casino contends that if it had been correctly assessed at the lower rate it maintains, then it would not have paid the amount of property taxes that it has – and the county should repay that overrage amount to the corporation.

Read More…

Meijer and Kohl’s aim to slash their property taxes in St. Joseph County – Ted Booker – South Bend Tribune

Hundreds of thousands of dollars in property taxes are at stake in a legal brawl between big-box stores and St. Joseph County.

Three Meijer and two Kohl’s stores in the county have appealed their property assessments for multiyear periods.

The retailers, faced with challenges as more people shop online, want to slash property taxes by arguing stores should be taxed the same as vacant ones, also known as dark boxes.

Read More…