Utility taxes: Court softens the tax blow
November 29, 2019
Carlton County got some “not catastrophic” news regarding how much the county and other taxing authorities within it will need to repay utility companies for overcharging in tax assessments as various utility lawsuits make their way through Minnesota Tax Court.
Earlier this month, the Tax Court raised its previous May 2018 valuation of the Enbridge oil pipeline corridor for assessments in 2012, 2013 and 2014. Instead of the previous valuation of $3.42 billion, the court now set the value of the Enbridge pipeline system at $4.73 billion. The new figure is still far below the state’s pr...