One of the most difficult challenges property tax practitioners face is to convince a particular state tribunal that relying upon comparable sales from other states is a proper method for determining the market value of large manufacturing plants. In McNeilus Truck...
National retailers use sale-leaseback transactions to expand their businesses. In a typical sale-leaseback, a property owner sells real estate used in its business to an unrelated private investor or to an institutional investor. Simultaneously, the property is leased...
Big wheels line up in transportation push From FINANCE AND COMMERCE: When Minnesota Republicans took control of the state Legislature in 2010, the proposed Southwest Light Rail Transit line was one of the first targets to draw fire. The new leadership argued it was...
By Ama Sarfo Law360, New York (August 22, 2014, 5:19 PM ET) — New York Sen. Charles Schumer recently escalated the corporate inversion debate by pitching a proposal to blunt “earnings stripping” — where U.S. subsidiaries deduct interest payments on debt owed to their...