Posts Tagged ‘tax’

Plain Meaning and Tax Exemption Based Upon “Assessment”: Riverside Owner LLC v. City of Richmond

When a court interprets or a locality applies a statute, the plain meaning controls as a general rule. The Riverside Owner L.L.C. v. City of Richmond case involved the appropriate amount for a tax exemption earned by a developer under Virginia Code § 58.1-3221 and Richmond City Code § 27-83.  These laws provided for a partial exemption [...]

 

Tax Assessment Appeals Affected — How Much? (Virginia General Assembly 2011)

The Virginia General Assembly adjourned on Sunday, and during its 2011 session, considered, amended, killed and/or adopted thousands of pieces of legislation, plus the Virginia budget.  During the session, the state legislature adopted some important changes in the law affecting local governments.  Over the coming weeks, I will be touching on some of the most significant bills.  [...]

 

Service District Ordinance Upheld: Nageotte v. Board of Supervisors of Stafford County

As in the Virginia Supreme Court’s November 4, 2010 FFW Enterprises v. Fairfax County opinion, the issue of excluding residential properties by classification from a special tax was addressed the same day

 

Seem Familiar? Tax Assessment Case From the Last Big Real Estate Recession

Quick question: What year is it? 1. The federal government has intervened in failing financial institutions. 2. Real estate prices which had been sky-high are lower than a year or so before. 3. Wall Street faces a bear market. 4. The incumbent party in the White House has just lost the presidential election. Answer: 2009? [...]