Big-box stores lose as Supreme Court drops big tax case - WNEM TV 5

Big-box stores lose as Supreme Court drops big tax case

Posted: Updated:
Stock photo Stock photo
ESCANABA, Mich. (AP) -

Local governments are winners after the Michigan Supreme Court turned down an appeal in a major dispute over how to value big-box stores for tax purposes.

The Supreme Court heard arguments last week. It released a brief order Friday, saying a 2016 appeals court decision will stand.

The appeals court said the Michigan Tax Tribunal used the wrong standard to determine the value of a Menards store in Escanaba.

Big-box retailers have been reducing their tax bills for years by convincing the Tribunal that their stores are so large and unique that they should be assessed at much less than the cost of construction.

The Michigan Association of Counties says local tax revenue has been reduced by at least $100 million statewide since 2013.

Copyright 2017 Associated Press. All rights reserved.

Powered by Frankly
Powered by WorldNow CNN
All content © 2018, WNEM; Saginaw, MI. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.