Wal-Mart seeks Rockland tax cut, reviews other bills
Wal-Mart has asked the city of Rockland to cut its property tax bill by $100,000 and is reviewing its tax assessments at other stores in the state.
The Bangor Daily News reported Wal-Mart officials based their request on the $3.1 million sale of Wal-Mart’s former Rockland store to Ocean State Job Lot in December. The company’s tax on the property had been based on a valuation of $8.5 million. The paper reported that Rockland City Assessor Dennis Reed said Wal-Mart is looking into 2013 property tax assessments for all of its 22 stores in the state.
In Scarborough, the paper reported, Wal-Mart sold its store assessed at $9 million to Marden’s for around $5 million. A company official told the paper she needed to look into the company’s tax abatement requests in Maine. The company paid a total $18.5 million in taxes and fees in Maine during 2013, the paper reported.
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