Daily NAPTA Update 06.03.2024

Posted by Diane Macri | Jun 03, 2024 | 0 Comments

Calif. High Court Affirms Biz Transfer Was Ownership Change


A California corporation that transferred its ownership of two grocery stores to a trust that held all the corporation's voting stock constituted a change in the properties' ownership, allowing their assessed...

Miami-Dade Residents Face Potential Tax Hike as Property Values Surge


Residents of Miami-Dade County could be looking at heftier property tax bills as the Property Appraiser Pedro J. Garcia announces a record rise in the area's taxable real estate values for the third year running, with numbers reaching a staggering $468.6 billion for the year 2024 which marks an approximate 10% surge from the previous year.

Michigan Tribunal Overstepped in Tax Break Case, Court Rules

Bloomberg Law

The Michigan Tax Tribunal exceeded its authority when it ruled that two taxpayers didn't owe back taxes because of an assessor's error, a state appeals court ruled. The tribunal wasn't authorized to “completely disregard petitioners' positions and address and rule on an issue that was not presented by anyone and that exceeded the MTT's jurisdiction and powers,” the Michigan Court of Appeals ruled Thursday in an unpublished, unsigned opinion.

44,000 Signatures Turned In To Put 50% Property Tax Cut On Wyoming Ballot

Cowboy State Daily

Cody resident Brent Bien said if there's one thing his ballot initiative push has already accomplished, it's putting pressure on state legislators to make meaningful property tax reform in Wyoming. He said the effort of gathering tens of thousands signatures of Wyoming voters proves that if the Legislature fails to act on property taxes, Cowboy State residents can do it themselves.

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