Exemptions and Reporting Changes Result in $1,000,000+ in Personal Property Savings

Michigan Based Apparel Manufacturer

A Michigan based apparel manufacturer with locations throughout the U.S. engaged INTAX to minimize their personal property tax liability for all locations. Among other findings, we identified machinery & equipment that warranted a more aggressive reporting and assessing methodology as well as a significant personal property tax exemption available. Total annual personal property tax savings exceeded $1,000,000.