Maine MRS Updates BETR Program Guidance for Business Property Tax Reimbursement

The Maine Revenue Services (MRS) published a bulletin providing updated guidance on the state Business Equipment Tax Reimbursement (BETR) program. The BETR program reimburses taxpayers for property taxes paid on eligible business property. The bulletin outlines the definitions, eligibility criteria, application process, reimbursement calculations, and limitations for the BETR program. [Me. Revenue Servs., Bulletin No. 27: Business Equipment Tax Reimbursement, 09/05/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.