News & Analysis as of

Commercial Property Owners Coronavirus/COVID-19 Property Tax

Tucker Arensberg, P.C.

Understanding the Impact of Changing Common Level Ratios on Commercial Property Taxes

The “Common Level Ratio” (CLR) is a figure calculated by a state administrative body every year for every county. The CLR reflects the relationship between assessed and (fair) market values....more

BCLP

Empty property rates

BCLP on

Following recent court decisions, the options available to an owner of empty business premises to avoid a liability for empty property rates have been reduced.  This matters because no rates are payable for the first...more

Farrell Fritz, P.C.

Long Island Real Property Tax Alert - September 2021

Farrell Fritz, P.C. on

Pandemic Related Changes to the Property Tax System Have Been or Will Be Restored Last year, grievance filing deadlines and tax due dates were changed by nearly every jurisdiction to suit the circumstances. Most, if not all...more

Holland & Knight LLP

Predial 2021 para sectores afectados por COVID-19 en Colombia

Holland & Knight LLP on

Para el año gravable 2021, la Secretaría Distrital de Hacienda (SDH) de Bogotá fijó una serie de medidas con el fin de ayudar a los sectores económicos más afectados por la pandemia del COVID-19....more

BakerHostetler

[Podcast] The Latest in the World of Property Tax

BakerHostetler on

Listeners in the property tax world have been clamoring for an update. Here is the latest in property taxes: pandemic implications, dark stores, intangibles, and more. Dave Ebersole joins Matt Hunsaker in the virtual studio...more

Faegre Drinker Biddle & Reath LLP

April Brings a Shower of Increased Property Tax Assessments for Iowa Businesses

Despite the crush of the COVID-19 pandemic, April 2021 brings a shower of increased property tax assessments for Iowa businesses. Now is the time to analyze and consider challenging excessive values. Iowa’s commercial...more

Fox Rothschild LLP

Real Estate Tax Appeals During The Pandemic – 10 Key Takeaways

Fox Rothschild LLP on

As the COVID-19 pandemic continues to impact the commercial real estate market, property owners will be focusing on ways to reduce operating expenses, including real estate taxes... ...more

BCLP

Empty property rates in England; guarding the guardians?

BCLP on

The two taxes in England on the occupation of property are non-domestic rating and, for domestic rating, council tax. Pre COVID, business rates yielded £30bn and council tax £36bn annually. Rates are payable on business...more

BCLP

Empty property rates in England; how can a business mitigate its liability?

BCLP on

A tax on failure - Empty property rates is a tax on failure; the failure of the owner to find either a profitable use for the premises or a tenant to pay a rent. Since March 2020, reliefs have been available to cushion...more

Fox Rothschild LLP

Deadlines To Appeal Property Tax Assessments Loom As PA Releases Common Level Ratios

Fox Rothschild LLP on

The Pennsylvania Department of Revenue has effectively increased the value of commercial real estate in many counties with its recent release of common level ratios, creating an opportunity for owners of retail, office,...more

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