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.

    Toys R Us Closures: An Update on the Demise of Major Retail Chains and its Impact on Tax Assessment Rolls Nationwide

    20 Mar, 2018

    By Jerry Heaton, Senior Managing Consultant, Dallas

    March 2018 Update: The battle between Amazon and bricks-and-mortar retail wages on with Toys R Us abruptly announcing plans to close or...

    Toys R Us Announces Plans to Shutter 180 Stores, But Are More Closures on the Horizon?

    25 Jan, 2018
    Toys R Us is planning to shutter  roughly 180 stores   across the country, or about one-fifth of its U.S. store fleet, in a bid to restructure the company and emerge from bankruptcy protection....

    Michigan House Advances Big Box Store Tax Assessment Legislation

    13 Jun, 2016

    A plan to prevent big box stores from paying less in property taxes may be gaining steam in the Legislature after the House approved the measure, which supporters say will lead to fairer tax...

    Michigan Bills Target Assessment Practices for Big Box Stores

    5 Nov, 2015

    Michigan lawmakers from both parties introduced bills this week aimed at stopping a common valuation method they say gives “unfair property tax breaks” to big box stores. According to the Detroit...

    Michigan Lawmakers Push to End Property Tax Discounts for Big Box Stores

    11 Aug, 2015

    A bipartisan group of Michigan lawmakers say they’ll make a major push in the fall to end special 'property tax discounts' given to big box stores. State Rep. John Kivela (D-Marquette) says when big...

    Indiana Legislation Addresses Big Box Retail Valuation Concerns

    11 Feb, 2015

    In response to recent Indiana Board of Tax Review decisions favoring Meijer and Kohl's, which will result in major value reductions during the upcoming spring assessment cycle, Sen. Brandt Hershman...

    Meijer Property Tax Ruling Could Impact How Indiana Big Box Stores Are Assessed

    19 Jan, 2015

    A recent court decision favoring Meijer over Marion County, Indiana could impact the way big box retailers are assessed statewide. According to the Indianapolis Business Journal, the Indiana Board of...

    Pennsylvania School District Creates Tension with Reverse Tax Assessment Program

    15 Jan, 2015

    A Pennsylvania school district is creating significant tension between itself and the Franklin County, Pennsylvania Economic Development Department. In an effort to generate more tax revenue from...

    Performance Gap Widens Between Class-B Malls

    14 Nov, 2014

    The performance gap between strong class-B malls and struggling ones continues to grow by the day. According to the National Real Estate Investor, while malls with little competition are experiencing...

    Michigan's Prop 1 'Opens Door' to Further Tax Reform

    15 Sep, 2014

    Despite Michigan voters overwhelmingly approving Proposal 1 last month, which phases out the business personal property tax, business lobbyists are pushing for further business tax reform. While Prop...