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Property Tax Commercial Use

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Holland & Knight LLP

Florida's New Live Local Act Offers Land Use and Tax Benefits

Holland & Knight LLP on

Florida Gov. Ron DeSantis signed into law Senate Bill 102 on March 28, 2023, with an effective date of July 1, 2023. Commonly referred to as the Live Local Act (the Act), it has significant land use, zoning and tax benefits...more

Winstead PC

Parking in Commercial or Mixed-Use Condominium Projects: Common Elements or Unit?

Winstead PC on

In a commercial or mixed-use condominium project, parking is a hot commodity (at least for the near to mid-term future). Since parking is an integrated part of the mixed-use condominium project, the developer and their...more

Snell & Wilmer

New Guidance Regarding the Property Tax Implications of the Occasional Commercial Use of a School-Owned Facility

Snell & Wilmer on

In general, school-owned land, facilities and buildings used for education and libraries are exempt from Arizona real property taxes so long as such areas are not used or held for profit. The question asked often was whether...more

Poyner Spruill LLP

NC Appellate Courts Hold Grandfather Mountain Must Pay Property Tax

Poyner Spruill LLP on

In a decision that substantially protects property tax bases for local governments in North Carolina, the North Carolina Supreme Court has declined to review a Court of Appeals decision holding that one of North Carolina’s...more

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