The Texas Supreme Court agreed on Friday to review an appeal over whether an electric utility can contest the appraised value of its transmission lines or whether it’s bound to a settlement between a predecessor company and a county appraiser.
The county appraiser, the Mills Central Appraisal District, is looking to affirm a state trial court’s dismissal of a tax liability challenge from Oncor Electric Delivery Co. NTU LLC, the largest electric utility in the state of Texas. Oncor filed a claim against the central Texas county appraiser and an appeal when it lost, saying Mills Central Appraisal overvalued ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.