As big retailers seek to cut their tax bills, towns bear the brunt [MSN Money]
Treehouse Foods, Inc. (THS)
Last treehouse foods, inc. earnings: 2/13 06:55 am
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Source: MSN Money
As Big Retailers Seek to Cut Their Tax Bills, Towns Bear the Brunt WAUWATOSA, Wis — With astonishing range and rapidity, big-box retailers and corporate giants are using an aggrsive legal tactic to shrink their property tax bills, a strategy that is costing local governmts and school districts around the country hundreds of millions of dollars in lost revue The busins — many of them brick-and-mortar stor like Walmart, Home Depot, Target, Kohl’s, Mards and Walgr that have faced fierce online competition — maintain that no matter how valuable a thriving store is to its currt owner, the warehouse-type structur are not worth much to anyone else So the bt way to appraise their property, they contd in their tax appeals, is to look at the sale pric on the op market of vacant or formerly vacant shells in other plac As shuttered stor spread across the landscape, their argumt has ronated To municipaliti, the appeals amount to a far-fetched tax dodge that allows corporations to wriggle out of pa
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THS
Earnings
- 2/16/24 - Miss
THS
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- THS's page on the SEC website