Complex Property Tax
Proven planning strategies, incisive valuation analyses, and results-oriented complex property tax appeal representation and support are key elements of the property tax management and consultation services we provide—especially in industries with unique and complex properties.
The experienced professionals from Ryan can help you manage all elements of the complex property tax process, while working with you to ensure your company is doing everything it can to reduce its complex property tax bills.
Understanding and applying industry metrics and trends is essential to managing the burden of complex property taxes, and we know the highly volatile and ever-changing market demands faced by your specialized industry, as well as any changes in tax law as a result of tax reform.
Our team provides a comprehensive program specifically directed toward addressing unique complex property tax challenges backed by a proven history of delivering improved profitability to companies in your industry.
Identification of Nontaxable Costs
Minimize your complex property tax liabilities with expert reviews of your fixed asset records to analyze software, overhead allocations, intangibles, and other costs to help determine what is subject to taxation, based on each jurisdiction’s tax laws and rules.
Examination of Asset Capitalization
This service is particularly important to determine the taxability for costs related to asset rebuilds, overhauls, upgrades, and other unique circumstances.
Identification of Idle and Underutilized Assets
Ryan will implement strategies to document and properly value idle or underutilized assets to ensure fair and equitable values in all industries.
Economic/Functional Life and Residual Valuation
Working with your facility and operations personnel to document supportable and realistic asset depreciation lives, we support your ability to recognize the influence on value from issues related to technology and business conditions in your industry.
For applicable industries, we analyze all elements of “unit” or other income-based valuation models used in the assessment of your property. This includes application of the appropriate cost of capital principles and income stream to be capitalized for your taxable asset base.
Representation Throughout the Process
Advisory services will guide your professionals through each stage of the informal and board-level property tax appeals process to ensure all appropriate issues and factors have been fully analyzed, considered, and presented. We can also provide assistance to your legal counsel with complex property tax-related litigation.
Deploying a comprehensive approach that fully addresses each element of the assessment valuation process, Ryan will uncover all relevant factors as we execute a thorough review and application of the cost, market, and income approaches to value.
Through the application of proven methods to accurately identify, measure, and document all forms of obsolescence (physical, functional, and external), we’ll ensure that loss in value from all sources is fully reflected in your assessed valuations.
Comprehensive, Industry-Specialized Services to Support Clients Throughout the Property Tax Cycle
Preparing proactive, thoughtful personal property returns is an important first step. Our on-staff engineers work with your facility personnel to take advantage of pollution control equipment exemptions many states allow. Our cost of capital studies reflects current financial market conditions that should be considered in the valuation process. Our professionals' ability to identify and document all forms of obsolescence is used to ensure appropriate adjustments are made to the assessed valuations of your complex property.
Representing all aspects of chemical and plastics, including commodity and specialty chemicals, agricultural products, industrial gases, and additives and catalysts, we ensure the lowest possible property tax liabilities.
Our energy clients include investor-owned utilities and non-regulated and regulated electric generation and gas distribution companies. We also serve companies in the emerging and dynamic alternative energy sectors of wind, solar, biofuels, and geothermal.
Ryan serves hundreds of manufacturing companies in a wide variety of segments, including consumer and industrial products, high-tech, building materials, food, aerospace, and automotive. Each of these segments has unique issues and characteristics that influence complex property tax assessments.
Providing property tax services to virtually all mining industries, including aluminum, coal, limestone, aggregates, nonferrous metals, precious metals, and uranium, our services include all mine and reserves facilities—crushing, separation, mixing, smelting, and refining.
Oil and Gas
Ryan's upstream oil and gas practice is one of the largest in the industry, providing complex property tax representation in virtually every major producing region in the nation. Our experience and expertise, coupled with our proprietary oil and gas system, provide our oil and gas clients a professional and comprehensive approach to managing the property tax function, whether the need is local or national, for production as well as pipelines, processing equipment, or refineries.
Research & Development
Our technical staff understands the unique challenges of valuing research & development facilities such as biotechnology laboratories, prototype development centers, pilot plants, and engineering & testing centers. Ryan’s Complex Property Tax team ensures proper assessment methods are used for clients in a broad spectrum of related industries, including life sciences, biopharmaceutical, electronics, and defense systems.
We provide complex property tax services for major telecommunication providers, representing clients in all sectors of the communications industry, including wire-line, wireless, and cable, to resolve a wide variety of valuation challenges.
Our clients include major U.S. airlines, including several regional carriers, as well as interstate railroads and pipelines. Our expertise, coupled with thorough supportable work, has enabled us to assist in effectively managing complex property tax liabilities for clients in these difficult and often volatile operating environments.