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‘Earnings Stripping’ Fix Could Blunt Foreign Investment

‘Earnings Stripping’ Fix Could Blunt Foreign Investment 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 foreign parent — and […]

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Minnesota Commercial Property Taxes & Valuations

There are many factors that determine the size of a Minnesota commercial property tax bill. The most important contributing factors to a Minnesota property tax bill are: the state tax rate local tax levies the class of property owned by a business and the valuation of the property Minnesota subjects three types of property to […]

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Partial Section 179D Property Tax Deductions

In our last post we discussed the availability of Section 179D property tax benefits for past commercial building projects. Minnesota businesses can leverage this property tax deduction in order to secure significant tax savings. Partial deductions can also be captured through Section 179D at a rate of $0.60 per square foot. Partial deductions are available […]

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How Midwest Businesses Can Leverage 179D Federal Tax Deductions

Many businesses in Minnesota and throughout the Midwest have reduced costs by retrofitting and remodeling their buildings with energy efficient technology. The reduction in energy waste and smaller energy bills are highly attractive for any company’s bottom line. Business owners are constantly looking for other ways to increase profitability by reducing costs. One often-overlooked cost […]

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Minnesota business owners may decrease their tax burden through engineering-based cost segregation

Minnesota businesses, just like people, have an obligation to pay taxes. Taxes are the price we pay to live in a civilized society and pay for the great quality of live we enjoy in our state. Here at Robert Hill Law, we believe that although businesses owners have an obligation to pay taxes, Minnesota companies […]

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Property Tax Time for Superior Residents

It is property tax time again for some Wisconsin residents. The Superior Telegram reports that the second installment for 2012 property taxes are due to the Douglas County Treasurer’s Office by July 31. Residents can pay their property tax bill on the Douglas County website. The county reportedly accepts partial payments, but charges interest dating […]

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