JDP taxing bodies to receive over $2 million from pipeline settlement
Daily News Staff Report
The settlement of lawsuits filed more than a decade ago in Baton Rouge means an estimated $2,150,000 will soon become available to Jeff Davis Parish Taxing Bodies, according to Jeff Davis Assessor Donald Kratzer.
According to a press release, at issue in the lawsuits was how to determine a value on the oil and gas pipelines that cross the state. Three pipeline companies, ANR Pipeline Co., Southern Natural Gas Co. and Tennessee Gas Co., filed a series of suits against the Louisiana Tax Commission and Assessors, challenging the method in which their property was valued for property tax purposes and claiming that they were being overcharged. Kratzer said the tax bills were paid under protest and held in escrow until settlement.
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Posted by Graphic Designer 2
on Nov 14 2012. Filed under Uncategorized.
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