Wal Mart is Suing Nearly Half of All Colorado Counties
31 out of Colorado's 64 counties are in this lawsuit Walmart has filed over taxes. Just because you're a huge company doesn't mean you don't count pennies.
According to The Greeley Tribune and The Durango Herald, Walmart is saying that the company has been over-taxed by the counties on items within their stores.
The county assessors go around to the Colorado stores and place a 'taxable value' on 'personal property' [including equipment] in the Walmart stores. Walmart says that the assessors haven't taken into account the equipment that wears out faster, which can be found at their 24-hour operation locations.
So, Walmart wants NEW valuations/taxes at those 95 24/7 stores and to get attorney fees.
Get more on the lawsuit from The Greeley Tribune HERE.