Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Missouri, North Dakota Create Sales and Use Tax Exemptions for Data Storage Centers

    30 Apr, 2015

    In April, both Missouri (Senate Bill 149) and North Dakota (House Bill 1089) enacted legislation creating sales and use tax exemptions for new and expanding data storage centers. According to CPA...

    Does Sale Price Equal Assessed Value for Real Estate Tax Purposes in the State of Texas?

    29 Apr, 2015

    By Jerry Heaton, Senior Managing Consultant, Dallas & James Sutton, Managing Consultant, Dallas

    Florida House Passes Miami-Dade Property Tax Appeal Reform Proposal

    28 Apr, 2015

    The Florida House passed House Bill 695 on Monday, a bill that addresses property tax appeal reform sought by Miami-Dade County School Board and could protect the the Miami-Dade school system from an...

    Yavapai County Ranchers Appeal Tax Court Ruling on Grazing Land Values

    27 Apr, 2015

    A huge alliance of Yavapai County, Arizona ranchers is appealing portions of a tax court ruling about the value of the county's grazing land. While the judge lowered grazing land values for property...

    Los Angeles, New York Hotel Development Favored by Investors

    24 Apr, 2015

    Thanks to a renewed flow of equity capital and low-cost debt financing, new U.S. hotel development is no longer on hold. Los Angeles and New York are being especially favored for new development by...

    Is the Cost Approach Costing You Too Much in Property Taxes?

    23 Apr, 2015

    By James Sutton, Managing Consultant, Dallas & Jerry Heaton, Senior Managing Consultant, Dallas

    Minnesota GOP Proposes $2 Billion Tax-Cut Plan

    22 Apr, 2015

    On Monday, Minnesota House Republicans rolled out a $2 billion tax break plan, which featured $539 million in income tax cuts with another $453 million for beginning to phase out the statewide...

    Boston Office Market Slated to See Double-Digit Rent Increase by 2017

    21 Apr, 2015

    According to Cushman & Wakefield’s annual U.S. office market overview and three-year forecast released this week, the average asking rent growth across the country is expected to come in at just...

    Montana House Endorses Bills to Shorten Property Reappraisal Cycle, Simplify Income Taxes

    20 Apr, 2015

    Last week the Montana House endorsed two major tax bills, one of which will simplify the state's income taxes, while the other would shorten the property reappraisal cycle in an effort to simplify...

    Philadelphia City Council President Proposes Alternative to Nutter's Property Tax Increase

    10 Apr, 2015

    In response to Mayor Nutter's proposed 9.3 percent property tax increase, Philadelphia City Council President Darrell L. Clarke has offered an alternative solution to increase school funding. Clarke...

    Green Street Advisors Report: Commercial Property Values Now 14% Above 2007 Peak

    8 Apr, 2015

    U.S. commercial property values have been steadily climbing for the past decade, and values have now risen 87% since they bottomed out in 2009, and more than 14% from the prior peak in 2007,...

    Oregon Gov. Signs Data Center Property Tax Bill

    7 Apr, 2015

    Gov. Kate Brown signed Senate Bill 611 last week, ending the controversial “central assessment” tax of data centers that created years of legal uncertainty for tech companies in Oregon and threatened...

    Georgia Hospitality Property Owners: Expect Significant Value Increases

    6 Apr, 2015

    Tax Assessor's Offices across the State of Georgia have begun mailing Annual Notice of Assessments, which property owners should receive in the next few weeks. Hospitality properties in Gwinnett...

    Bill Would End Property Tax Exemptions for Pipelines in Kansas

    3 Apr, 2015

    In an effort to fill the state's projected $600 million budget shortfall for the next fiscal year, a Kansas Senate committee advanced a bill that would eliminate the automatic 10-year property tax...

    Commercial Property Taxes Drive Baltimore's Largest Revenue Increase Since the Great Recession

    2 Apr, 2015

    Baltimore's rebounding economy driving rising property tax revenues has Mayor Stephanie Rawlings-Blake proposing a bigger budget for 2016. The preliminary 2016 budget calls for $1.71 billion in...

    Houston Developers Continue to Stall Multifamily Projects Amid Low Oil Prices

    1 Apr, 2015

    As oil prices plummeted to near six-year lows over the past several months, some multifamily developers are stalling their proposed projects and development plans in Houston and shifting their focus...