Wal-Mart seeks $100,000 tax cut

By Daniel Dunkle | Feb 17, 2014

Rockland — A law firm representing Wal-Mart has asked the city to reduce its tax assessment to give it a $105,240 reduction in its annual property tax bill.

Wal-Mart is seeking to lower the taxes it must pay on its former Rockland building, which was sold to Ocean State Job Lot, according to a memorandum to the city manager from City Assessor Dennis Reed.

The retail giant argues that since its building sold for $3,125,000, the city's assessment of its value is too high by about $5.4 million. The city assessed the value of the building at $8.5 million.

The law firm Saliba & Saliba of Boston requested the tax abatement for the building at 265 Camden St.

Reed said he will look at the information and compare it to other precedents set in tax abatement requests. He said he will make a decision in the next couple of weeks.

From there, the company may appeal that decision to the city Board of Assessment Review or the State Board of Review.

Courier-Gazette Editor Daniel Dunkle can be reached at ddunkle@courierpublicationsllc.com or 594-4401 ext.122.

Comments (5)
Posted by: robert B Sullivan | Feb 18, 2014 19:11

The tax burden is based on relative value when built.  Everyone's values go up & down, but the cost of government & services needs to be covered, so your tax bill is your tax bill regardless of current value of the property.

Posted by: Donna Hurley | Feb 18, 2014 11:58

If you have the time..here is an interesting article on another Walmart headache in America..http://news.yahoo.com/christie-39-pals-walmart-pays-104500092--politics.html

Posted by: judith wenzel andersen | Feb 18, 2014 09:44

Poor Walmart! After effectively crippling several local businesses, they have moved on toThomaston--and now they cannot pay their lawful taxes. Perhaps they could ask Mrs Walton to sell one of her Crystal Bridges paintings, This attempt will make. me try harder than ever to avoid the megastore.

Posted by: Dennis Corkum | Feb 18, 2014 09:01

I'm sure not many people in Rockland could sell their property for the assessed value but we still have to pay the full tax.  Treat them like everyone else.

Posted by: George Holmes | Feb 18, 2014 06:06

So.... they need a break because??? they are the largest most profitable institution in the United States ( World) ... all during their "occupation" of Rockland this issue never occurred to owners and management? It is just when they are running out of town and pocketing a lot of money for the sale of the building that they are crying prejudice?

MBNA  always stepped up to help the community and often paid MORE than they were required to because they profited here for a long time and were grateful... For Walmart, $100,000 seems like "small potatoes"but a larger statement about their greed. 

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