Complex Tax Advisers
Property tax assessments against industrial property create significant annual burdens against companies nationwide. Complexities in statutory tax treatment of industrial property are frequent, as are additional or different regulatory and compliance requirements, plus additional variations state to state, and in some cases even on local levels. Keeping up with all of these variables internally can require significant dedicated manpower and expense, all of which impacts your bottom line.
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.
At ITC, we want to relieve you of that burden by providing customized, cost-effective and result-oriented complex property tax solutions for the unique property issues facing your industry and/or company, letting you continue to do what you do best: run your business.
Complex Industrial Property Tax Services
- Site inspection with facility personnel & assessing authorities
- Real property appeal filing and representation
- Appraisal review board representation
- Fixed asset classification of real and personal property
- Third-party property valuation contracting
- Income, cost, & market approaches to valuation
- Obsolescence studies
- Fair market value analysis
Complex Business Sectors Served
We have reduced taxes for 100+ clients across a broad spectrum of industry sectors such as:
● Industrial & Electronics Manufacturing
● Energy, Utilities, Mining & Oilfield Services
● Commercial Property
● Telecommunications
● Solar, Wind & Renewables
● Upstream, Midstream & Downstream
● Steel, Cement & Building Materials
● Pipe & Tubular
● Healthcare & Hospitality
● E&P, Drilling and Chemical Plants
● Disposal Services
● Aggregate, Sand & Gravel
● Pulp, Paper & Packaging
● Food, Beverage & Dairy
● Semiconductors & Data Centers
● Aerospace
Actual Example
Client
Client’s power plant originally noticed at $55,636,300 was reduced by our team to a settled value of $19,833,645.
Result
Assessment reduction of $35,802,652
Tax Savings
$823,595
Client Testimonials
“Along with years of experience and expertise consulting on all matters related to property value, Mark and his staff of consultants provide a level of comfort for their client that is second to none. Industrial Tax Consulting previously provided guidance on valuation and inventory which netted GE significant savings.”
“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.”
