Minimization Efforts Save $4,200,000+
Mid-Atlantic Energy Company
An energy client serving the Mid-Atlantic entered a new industry by buying and building a telecom infrastructure connecting 25 states, from the Eastern U.S. to the Midwest. The initial investment was significant and INTAX was tasked with establishing compliance across all state and local taxing jurisdictions in the network. In subsequent years the client impaired the assets and our focus shifted beyond compliance into minimization. The resulting annual personal property tax savings from our minimization initiatives exceed $4,200,000.