Property taxes represent one of the largest areas of cost— and risk — for golf courses. The problem for many tax departments is the complexity of challenging an assessor’s valuation.
Unless you know where to mount your defense, your appeal may be denied. These problems compound when you consider your company’s growth plans. Are you buying into a company that has overt or hidden tax liabilities?
There’s also the very real challenge of integrating new properties into your existing compliance and valuation processes without overwhelming your tax department.
Thomson Reuters ONESOURCE can help ensure your success when dealing with these and other critical property tax issues. Thomson Reuters ONESOURCE Golf Practice combines both proven and innovative golf specific methodologies to isolate the real estate value of a golf property and account for necessary reductions in that value due to depreciation of golf specific improvements on the appropriate schedules.
We offer a unique combination of a nationwide practice with 30 offices and more than 550 property tax professionals and the golf specific credibility and expertise of a MAI Appraisers, CPA’s, CMI’s, CCIM’s and a PGA professional. Thomson Reuters ONESOURCE Golf Practice can reduce the property tax liability for your golf facility.
Website:http://onesource.thomsonreuters.com/solutions/property-tax/property-tax-us/Areas of expertise:
Last modified 22 Mar 2012 - 14:01
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