There’s a neat trick that big-box stores like Lowe’s have pulled off in some states. They claim that for tax purposes, their open, thriving businesses should be valued the same as empty property, so that they pay way less. In one state, though, a lawmaker being called back for a special session of the legislature is hoping he can end the practice locally. [More]
dark store strategy
Stopping Dark Stores: The Fight To Prevent Thriving Retailers From Being Taxed Like Vacant Lots
By 7.10.17
Big Retail Chains Keep Playing Chicken With Their Tax Bills
By 2.16.17
If a strategy used by a national chain retailer works in one city or state, they’re certain to try it on others. The dark store strategy that has helped retailers in some areas slash their property tax bills by sort-of-but-not-really threatening to close is spreading, and has now reached Wisconsin. [More]
