Request Legal Help Now - Free

LAWSUITS NEWS & LEGAL INFORMATION

Property Tax

Kokomo, IN: (Nov-18-07) Howard County brought charges against Delphi Corp., alleging that the company owed property taxes. Records show that Delphi filed for Chapter 11 protection in October 2005 and stopped production in the summer of 2007 at a factory in Anderson, but still employs several thousand people in Kokomo. As part of a settlement reached, Delphi Corp. has agreed to pay more than $6 million in property taxes. Under the settlement, Delphi would pay about $4.6 million in unpaid personal property taxes and $1.8 million in real estate taxes for a total of about $6.4 million. Sources stated that the County agreed to waive $1.9 million in penalties. Howard County, Kokomo, Kokomo-Howard County Public Library, Kokomo-Center Community Schools and Howard County's Center Township would receive the settlement amount. [MLIVE: PROPERTY TAX]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Nov-21-07


ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free