July 25, 2014
July 24, 2014
Depreciation Methodology for Wind Turbines Challenged
In late 2012 the Michigan State Tax Commission changed the rate at which wind turbine assets would be depreciated for property tax assessment purposes. Now five counties (Huron, Sanilac, Gratiot, Mason, Tuscola) are working together to challenge the change.
The group, The Michigan Renewable Energy Collaborative, wants to assess wind turbines at a value higher than allowed by the change.
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