A sector with a cloudy future
As our workforce moves rapidly towards a more digital economy, our data centre traffic has been significantly impacted. Modern data centers are being built, bought, and sold at an accelerated rate. The solid growth of this sector makes it an attractive asset class for investors but has also contributed to unique challenges when it comes to valuation and taxation.
Learn more about our experience with data centers and check out our insights on taking advantage of opportunities and overcoming the unique challenges that come with this emerging asset class.
Data center taxation- what you need to know to tame your tax assessment
Data centers require a data driven approach to property taxes. Advancements in information technology and the need for storage have thrust data centers into the limelight as one of the fastest growing asset classes in the real estate sector. The pace of private investment, coupled with complex tenant landlord leasing fundamentals, have left taxing authorities struggling to accurately value both the real and personal property at these locations. The resulting assessments often mean paying more in property taxes than what is required.
US state and local tax changes due to COVID-19
Jun 4, 2020
US state and local governments to adjust deadlines and filing requirements for business and personal taxes.
PODCAST: HawkTalk 29. We’re talking data center real estate.
Sep 23, 2019
Altus Group’s Nick Carter interviews with datacenterHawk’s David Liggitt for the 29th episode of HAWKTALK
Data Center Dynamics Exclusive- Q&A on The Evolving Nature of Data Center Taxation
Mar 18, 2019
Exclusive Q&A interview between Altus Group executive and Data Center Dynamics that uncover ways to help navigate the uncharted territory of data center taxation
Events & Webinars
On-demand webinar | Where’s the real estate? Real property’s role in the modern data center
July 24, 2019
With the majority of the 2018 compliance deadlines in the rearview mirror, the peak of audit season begins. Will you be ready to comply with requests for data for the past four to six years? Is your historical data readily available to send to the auditor? Are you unsure about what you have to actually provide under audit compared to the lengthy information request? During this webinar we will discuss best practices for effectively handling a personal property audit to ensure compliance and minimize exposure.
Contact a qualified expert
Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.
Financial due diligence
The financial insight and transparency you need to avoid misinformed acquisitions.
Litigation support & appraisals
Take the complexity out of the appraisal process. Our team members’ collected experience and specialized education allow us to be uniquely qualified to assist you in the solution of your complex appraisal problems.
Location & incentive strategies
Maximize the value of incentives to your organization through the expertise of a multi-disciplined team of site selection, financial and tax experts.
Real property tax
Improve your real estate’s bottom line with technology-enabled real estate property tax services combined with national and local coverage.
Recover overpaid taxes, reduce tax liabilities and minimize future exposure by working with our sales and use tax experts
Transaction taxes- Virginia BPOL tax services
The Business, Professional and Occupational License Tax (BPOL) is a local option tax on the privilege of doing business within a Virginia locality. Ensure that all deductions and exclusions available are taken.