Colorado legislature passes pilot program for Denver property tax appeals

Colorado legislature passes pilot program for Denver property tax appeals

On March 8, 2013, Colorado Governor John Hickenlooper signed into law House Bill 13-1113.  The legislation creates a pilot program that authorizes the governing body of the city and county of Denver, at the request of the Assessor, to elect an alternative protest and appeal procedure for property tax disputes.  … [Read more...]

North Carolina county improperly revalued properties in nonrevaluation year

North Carolina county improperly revalued properties in nonrevaluation year

The North Carolina Supreme Court recently held that a county's reappraisal of undeveloped parcels constituted an improper revaluation because it occurred in a nonrevaluation year.  In In re Ocean Isle Palms LLC, the Court overturned an earlier ruling by the Court of Appeals and rejected claims by the county that … [Read more...]

Pennsylvania sticks company with income tax bill after sale of timberland

Pennsylvania sticks company with income tax bill after sale of timberland

The Pennsylvania Supreme Court recently left taxpayers stumped when it held that the gain from the sale of out-of-state timberland constituted apportionable business income.  In Glatfelter Pulpwood Co. v. Pennsylvania, the Court denied the taxpayer's refund claim and held that the sale was not a liquidation, but … [Read more...]