Property Tax News Articles & Updates

Brusniak Turner Fine Updates 2/17/2021

Posted by John Brusniak | Feb 17, 2021 | 0 Comments

INTERNATIONAL

UK House Hunters Out in Force Despite Missing $21000 Tax Cut
Bloomberg
Asking prices for U.K. homes rose in February as buyers shrugged off the approaching expiry of a property tax cut worth as much as 15,000 pounds ...

S. Korea's property tax-to-GDP 3rd highest among OECD nations: data
The Korea Herald
The figure took the nation's comprehensive real estate holding tax, which was levied from 2005, inheritance tax and taxes levied in property transactions ...

CANADA

Zero cap on Calgary biz property tax tentatively approved by city committee
LiveWire Calgary
Calgary councillors approved a preliminary property tax cap at zero per cent for non-residential properties, funded by the city's reserve cash. The item ...

NATIONAL

State and Local Property Tax Revenues Increased Nearly 20 Percent over the Past Four Years ...
NAHB Eye on Housing
NAHB analysis of the Census Bureau's quarterly tax data shows that $633.9 billion in taxes were paid by property owners in the four quarters ending ...

INDIANA

HOA tax refund dispute to stay in trial court for now, COA rules
Indiana Lawyer
The Marion County Property Tax Assessment Board of Appeals determined the parcels had assessed values of zero, so Muir Woods filed for a refund of ...

MISSOURI

Connected Kansas City builders don't pay their share of taxes. Here's a partial fix
Kansas City Star
In 2018 alone, the total tax abatements in Kansas City were worth $175 million in foregone taxes. Do these incentives work? If by “work,” you mean ...

MONTANA

Republicans kill bill to cut property taxes for Montanans
Sidney Herald Leader
The legislation provided property tax relief to Montanans at risk of being priced out of their homes due to skyrocketing home values. Low and middle- ...

NEBRASKA

A Constitutional Amendment to Limit Property Taxes
WNAX
Nebraska lawmakers will debate a constitutional amendment that would limit property taxes. Senator Tom Briese of Albion says the amendment would ...

NEW HAMPSHIRE

Newport and New London Hospital tax dispute continues
The Union Leader
The construction cost for the property was about $9 million. The town values the building and the 1.9 acres of land at $6.9 million, according to town ...

NORTH DAKOTA

ND House Passes Bill For Property Tax Study
AM 1100 The Flag WZFG
(Bismarck, ND) -- The North Dakota House wants a property tax study. The House passed a bill calling for the study at the end of last week.

PENNSYLVANIA

Philly's real estate tax early-bird discount canceled
WHYY
This tax season, Philadelphia isn't offering the 1% discount on real estate taxes for early payment that it has given in years past. The early-bird ...

SOUTH CAROLINA

Rollback Taxes in South Carolina: Changes Effective January 1, 2021
JD Supra
2021 brings an update to South Carolina rollback tax laws, with potentially significant implications for real estate transactions where rollback taxes ...

TEXAS

Waco, McLennan County to grant $9.5 million in tax breaks to Amazon center over 20 years
Waco Tribune-Herald
... a 50% annual tax break on real property over 10 years, with values from the McLennan County Appraisal District used as the determining factor.

VIRGINIA

Waynesboro real estate assessment also up. Homeowners seeing above 10% increase
Staunton News Leader
3%, according to Waynesboro City Assessor Mary Garris. ... footage, type of heat, baths, fireplaces, and location, according to the assessor's website.

WISCONSIN

Summary of Local Property Tax Levies pdf
City of Madison, Wisconsin
*The State of Wisconsin repealed the forestry mill tax, effective for property taxes levied in 2017 and collected in 2018. **Eight different school districts ...

About the Author

John Brusniak

John Brusniak, Jr. is the dean of Texas property tax litigation.  He was licensed to practice law in 1976,   His early career involved general litigation and appellate work in both the federal and state courts until he was handed his first property tax matter.  It arose prior to the implementatio...

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