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Client: Major Aerospace Consortium
Problem: A massive rocket development program whose production status was in constant flux. Production was completely dependant on a unique and specialized market making proper valuation of facilities and equipment complex and unusual.
Solution: We came and championed a fair market assessment of the facility, eliminating over $24,000,000 of tax assessments from the tax roll. Our comprehensive detailed presentation exposed the peculiar nature of R& D equipment and the discontinued status of the product at the site and generated tax savings and refunds in excess of $2.5 million dollars.
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