Utilities Can Better Manage Property Tax Payments with GIS Data According to New Whitepaper
Atlanta (April 3, 2015) PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for capital asset-intensive businesses, announces today the release of a new white paper, which highlights how utilities of all sizes can improve their assets visibility for property tax payment with detailed GIS information. The new whitepaper “How Utilities can Better Manage Property Taxes by Leveraging GIS Data” is available at no cost to download.
Without knowing the city, county, or other taxing jurisdiction of each asset, it becomes impossible to provide an accurate total property value, which can lead to double counting and higher property tax. Even worse, many utilities find themselves in the unenviable position of paying property taxes on assets that no longer exist. This new whitepaper discusses best practices that can be implemented; how to gather and document information about assets; how to effectively retire assets to minimize taxes and how to effectively estimate property taxes.
To read the complete white paper click here.
About PowerPlan: For more than 25 years, PowerPlan has helped North American energy companies make the right financial decisions which improve lives and powers the world. Through our industry-leading expertise, innovative technology and vast experience listening to and working in tandem with our customers, PowerPlan software sets the standard that CFOs can count on for financial clarity for energy organizations of all sizes. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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