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Commercial property tax management is a key variable in a company’s strategic plan that often goes unexplored. While commercial property tax does not get a lot of coverage in business school or CPA curriculum, it is a cost that worries many senior finance executives, and with good reason. Commercial property taxes can account for as much as 40 percent of all state and local taxes that a company pays. Often when a tax bill comes in, finance and tax leaders simply pay it without realizing that they have options to potentially reduce their bill. By implementing a long-term strategic property tax management plan, CFOs and VPs of tax can proactively reduce operating costs, accurately budget for property tax payments, and uncover opportunities for tax savings. This eBook examines how to: ➢ Manage risk and find opportunities for commercial property tax savings in uncertain times ➢ Lay the groundwork for a commercial property tax strategy ➢ Implement a proactive commercial property tax management plan |
