State & Local Tax

Our State and Local Tax ("SALT") Group provides litigation, planning, transactional, regulatory and legislative services to business taxpayers, associations and individuals on all state and local tax issues and economic development incentives. Our New England-based SALT team assists local and multistate clients with Maine, New Hampshire and Massachusetts tax issues, but also advises multistate businesses on state tax nexus, apportionment, and planning issues with respect to sales and operations in other states.

In addition to the areas of expertise listed below, our SALT attorneys handle a myriad of other issues such as insurance premiums taxes, hospital taxes, tree growth taxes, residency issues for individuals and trusts, and unclaimed property issues.

High Level Property Tax Services

We have partnered with Leonard "Len" Gerzon, Principal of Len Gerzon, LLC to offer high level property tax services to energy and industrial property owners throughout New Hampshire, Massachusetts and Maine.

MORE>>

NMTC Financing

For a Community Development Entity (CDE) client, we closed a $12M New Market Tax Credit (NMTC) pooled loan fund. This is one NMTC transaction in a series of financings we are handling under the federal and state new markets programs.



Sales & Use Tax

We assisted a Massachusetts-based retailer with a 35-state voluntary compliance initiative, reducing sales and use tax exposure through negotiated settlements.

Maine Service Provider Tax

We obtained an industry-specific interpretation of the Maine Service Provider Tax for telecom contractors. We helped our telecom construction clients educate Maine Revenue Services on the nuances of their businesses and gain the ability to apply the tax in a way makes more sense in this industry.



Property Tax Appeal

We achieved a large abatement in property tax appeal for a New England industrial facility.

MORE>>



Lobbying Success

In the 2012-2013 Maine Legislative Session, we represented the aviation industry in successfully lobbying to extend the airplane sales & use tax exemption 20 years.

MORE>>

 

Areas of Expertise

Property Tax

We have decades of experience with both planning and controversy issues arising from real and personal property taxes in Maine, New Hampshire and Massachusetts that involves appeals starting at the local level, through State Boards and trial courts and all the way up to the State Supreme Court. We can help obtain tax abatements, business property tax reimbursements or exemptions.

Examples of our property tax clients include pulp and paper mills, power plants, interstate pipelines, federal superfund sites, real estate developments, telecommunications assets, summer camps, and high-end residential properties.

Economic Development Incentives

Our SALT team assists companies seeking to locate or expand in Maine, New Hampshire and Massachusetts to take advantage of available economic incentives, and regularly lobbies on behalf of business groups in Maine to maintain or expand incentives, including Business Equipment Tax Exemption benefits, investment tax credits, tax increment financing, employment tax increment financing, Pine Tree Zone benefits.

Income and Franchise Taxes
Our SALT team serves clients with every variety of Massachusetts, Maine and New Hampshire income, business profits and financial institution franchise tax issues from nexus, to tax base, apportionment and credits. In addition to handling controversies at all levels, from audit to state supreme court, our SALT attorneys provide assistance with planning, including entity structure issues.
Sales and Use Taxes, Other Transactional Taxes
Our SALT attorneys are called upon to assist clients with a full range of sales and use tax issues in Maine and Massachusetts, as well as nexus issues arising in other states as a result of remote sales, activities of affiliates or independent contractors, remote use of servers or programming and other activities. We help clients with issues arising from other transactional taxes in Maine, Massachusetts and New Hampshire, including real estate transfer taxes, meals and lodging taxes, service provider taxes and fuel taxes.
Tax Credit Financing & Syndication

In today’s tight credit market tax credits are often an important piece of financing a project.  Pierce Atwood’s attorneys have experience with tax credit financing and syndication, including new markets tax credits, historic rehabilitation tax credits, low-income housing tax credits, and renewable energy tax credits.  At times, these credits can be combined to reduce the net cost of a project.  For example, a mill renovation may qualify for historic rehabilitation tax credits, new markets tax credits, and even renewable energy tax credits if the project includes a rooftop solar installation.