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Property tax appeal rejected

TCM DA was informed today that its appeal regarding property taxes has been rejected by court.

It seems the appeal court agrees to a great extent with the city court’s arguments that TCM must be considered a so called “works” and therefore liable to pay property tax.

The appeal court seems less in doubt than the city court was. The appeal court obliged TCM DA to pay the municipality’s legal expenses except for the expenses regarding the city court procedures.

TCM DA will study the verdict carefully and consider possible further action.

Publisert 7/9/2013

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