CVS might need some Tylenol to soothe its property tax headache in Bloomington, Ind. where the Indiana Tax Court won’t prescribe a discount the retailer sought for a pharmacy’s valuation.
ANDERSON — Construction work has started to convert the former Carter Lumber property into the new headquarters of ALA Trucking.
Work has started on the site, 5625 Dr. Martin Luther King Jr. Blvd., to convert the former lumber yard into a headquarters, warehouse, truck service center and parts store.
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.
If you think your business is overpaying property taxes, give us a call to find out. 219-472-8682.
ST. JOHN TOWNSHIP — Large increases in home values has many St. John Township residents up in arms and trekking to the township assessor’s office to file an appeal.
If you think you are overpaying on your property taxes, give us a call and we can help you find out. 219-472-8682.
A Hendricks County lodge that hosts both charitable and social events cannot qualify for tax exempt status because the organization that owns the lodge failed to prove it is a fraternal association or that the use of the lodge is for predominantly charitable purposes, the Indiana Tax Court has ruled.
In an unusual legal move, Simon Property Group Inc. has sued Starbucks Corp. over the coffee giant’s plan to close 78 Teavana stores in its malls across the country.
Indianapolis-based Simon, the country’s largest shopping mall operator, says in the lawsuit that Starbucks is breaching its leases by closing the Teavana stores and “shirking its contractual obligations at the expense of Simon’s shopping centers and the dozens of communities they serve and support.”
An outside review of commercial property assessments is the first recommendation from a group working for more efficiency in Terre Haute and Vigo County government.
A 10-member team study team chaired by restaurant owner Scott Womack released a report Wednesday charging that under-assessment is costing the city and county millions of dollars in property tax revenues.
A trucking company moving from Illinois to Indiana is the latest of dozens of companies that have made that switch in recent years.
It’s a boon to struggling northwest Indiana economies that Indiana officials say is thanks to their state’s business-friendly tax and regulatory structure.
SOUTH BEND — Chuck Watts was unhappy to learn recently that he’d pay more in property taxes this year after the county increased the taxable value of his Centre Township home by more than $20,000.
“I was shocked,” said Watts, who has lived there since 1993 and has never seen such an increase. He plans to appeal the $164,000 assessment.
If you have a commercial/industrial property or multi-family rental that you feel you may be overpaying your property taxes on, give us a call. Our risk-free review and analysis of your situation could save you hundreds, even thousands of tax dollars. 219-472-8682.
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.