St. Louis County and St. Charles County property assessment values increased by 4% and 5%, respectively, for the 2015 tax year, according to two separate articles from the Post-Dispatch (St. Louis County; St. Charles County).
I am often asked by businesses whether an attorney is needed for commercial property tax appeals in front of the Missouri State Tax Commission. This question is most often asked by those that made the decision, for whatever reason, to represent themselves at their County’s Board of Equalization hearing. Those businesses mistakenly believe that the State Tax Commission hearing will be just as informal as their hearings in front of the Board of Equalization.
I am quick to dispel this misconception. Indeed, there are multiple reasons why an attorney is needed for commercial real estate tax appeals, aside from the formalities of a State Tax Commission hearing:
Following a commercial tax appeal to the State Tax Commission, Cinema 16, LLC (“Cinema”), a sixteen screen movie theater in Springfield, Missouri (Greene County), convinced a hearing officer to dramatically lower the tax assessment set by Greene County and, subsequently, the Board of Equalization. At the hearing, both Cinema and Greene County presented experts, and the hearing officer’s opinion highlights the importance of vetting an appraisal expert prior to trial.
In December 2014, I presented to other attorneys on Commercial Property Tax Appeals in front of Missouri Boards of Equalization and the Missouri State Tax Commission. The presentation was entitled “Commercial Property Tax Appeals: Strategies for Contesting Real Estate Tax Appraisals.”
On April 21, 2011, the Missouri State Tax Commission set aside the St. Louis County Board of Equalization’s decision to affirm the true value set by St. Louis County Assessor on 39 Glen Eagles Drive, residential real estate located in Ladue, Missouri. The Assessor appraised the property at $2,096, 400 (which equates to an assessed value of $398,320). The St. Louis County Board of Equalization sustained that assessment. Following Complainant’s successful appeal to the State Tax Commission, the hearing officer set aside the Board’s decision and set the true value of the property at $1,903,140 (which equates to an assessed value of $361,600 for tax assessment purposes).
Case Reference: Dierberg v. Zimmerman, Tax Appeal 09-14593
The content on this post does not constitute legal advice and is for informational purposes only. You should not act upon the information presented on this website without seeking the advice of legal counsel. Should you wish to speak to an experienced commercial and residential real estate tax appeals attorney, please feel free to contact me directly. You may also view more information concerning my legal services and background.