Data centers are faced with continual tax implications related to transaction tax and property tax, including initial and ongoing capital expenditures and other business-related purchases. The complexity of transaction tax laws, local property tax nuances, and available credits & incentives make it difficult for companies with data centers to ensure tax compliance.
Fortunately, our team is here to guide you through those industry intricacies.
TRANSACTION TAX, PROPERTY TAX ASSESSMENT REVIEW, AND COMPLIANCE SERVICES
DMA partnered with a Fortune 500 firm with a large data center operation. We focused on tax minimization for this client by delivering more than $1.2 million in transaction tax savings and another $4.4 million in real and personal property tax savings. Also, due to a reduction in their staff, the client outsourced personal property tax compliance to DMA’s property tax compliance team. Together, we delivered accurate and timely filings on behalf of this client.