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Utility Exemption Studies
Results
While we have experience in all industries, we have achieved a high degree of success for clients in non-traditional manufacturing environments by qualifying what might not typically be viewed as tax-exempt activity. Our attention to detail in depicting the exempt process in the client utility study has on many occasions revealed potential for additional exemption opportunities.
- Qualified a global defense contractor to support its claim for exemption in excess of $1.8 million, in addition to prospective savings
- Identified and qualified $700,000 in refunds for a national food processor for five locations
- Provided studies to qualify a national roofing and asphalt company for ten locations, resulting in $500,000 in refunds
- Increased percentages of exemption for a global food processor/distributor at one single location yielding $400,000 in refunds and $75,000 in annual prospective savings
- Provided studies for a grocery chain to offset a $200,000 audit assessment on utilities. Provided studies to a global clothing manufacturer qualifying additional processes that supported manufacturing at one facility, resulting in refunds in excess of $128,000
- Assisted a global electronics firm in restructuring its utility purchases for one location in order to realize annual savings of $100,000
- Qualified software development activities for a global electronics firm, resulting in $100,000 in refunds, plus prospective savings
- Increased percentages of exemption by as much as 22% for a national food chain dairy, resulting in almost $70,000 in retroactive refunds as well as prospective savings
- Qualified a global semiconductor company at one fabless facility for electricity purchases, resulting in refunds in excess of $55,000, plus prospective savings
- Qualified the gas consumption for a national plastics manufacturer facility, resulting in excess of $50,000 in refunds, plus prospective savings
Overview | Results
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Ohio Amnesty Ends June 15, 2012.
June 15, 2012 is the last day taxpayers can take advantage of Ohio’s Tax Amnesty Program (“Program”). The Program allows taxpayers to obtain penalty and...
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