Cement & Concrete
One of ITC’s strengths is to know your industry inside out and understanding the challenges you’re confronting in the face of new sustainable technologies. As you know, the manufacture of cement and concrete is very resource-intensive with every component in the supply chain being taxed, from limestone, chalk, silica to clay. Also, why for example become subject to carbon emission policies when heating raw materials utilizing fossil fuels and risking being penalized by high taxes?
ITC’s intricate insights into the process of manufacturing building and construction materials make it the perfect partner to develop effective compliance and tax planning strategies aimed to reduce your tax liabilities.
Actual Property Tax Savings Example
Client
ITC appealed the value of a client’s cement mill over a 2-year span.
Result
We saved our client approximately $4.1 million in property taxes.
Tax Savings
46% tax reduction
Don’t miss your opportunity to receive an average
29% Assessment Reduction
on an annual basis in formal and informal administrative phases.
Find out how by contacting us immediately for a complimentary consultation.
Client Testimonials
Industrial Tax Consultings representation led to large assessment reductions and tax savings. They also
successfully exempted many plant assets from taxation for CEMEX’s complex industrial facilities. They have a solid grasp of appraisal theories, negotiation skills, and application for ‘special use’ properties. Their interactions and the results achieved with local assessing authorities were professional, courteous and cost-effective.
“I can vouch for (ITC’s) expertise with property and equipment. I saw firsthand what they did to significantly reduce Oceaneering’s property tax liability, in some locations by over 50% from the proposed notice of value. In conclusion, I strongly recommend ITC.”
