Published: February 2, 2011
Tags: Department of Revenue, DOR, Eau Claire, Nestle, Supreme Court
MADISON, Wis. (AP) — The Wisconsin Supreme Court says state tax assessors properly calculated the value of a Nestle baby formula plant in Eau Claire. Nestle disagreed with state Department of Revenue assessments in 2003 and 2004 that found the Gateway Plant was worth about $10.9 million. The company disputed that figure, saying no market [...]
Published: October 13, 2010
Tags: Department of City Development, Department of Revenue, DOR, it could jeopardize Milwaukee's ability to repay its loans for the tax incremental financing districts, Marquis, Mary Reavey, Menomonee Valley, Patrick Curley, Tax Appeals Commission, tax-If the state does not correct the error, TIF, Tom Barrett
By Marie Rohde The Wisconsin Department of Revenue undervalued nine of Milwaukee‘s development districts by more than $34 million, according to e-mail correspondence between the city and the state. If the state does not correct the error, it could jeopardize Milwaukee’s ability to repay its loans for the tax incremental financing districts. “My understanding is [...]
