Enbridge, state fail to reach settlement in pipeline tax dispute

Mediation efforts this week failed to settle a major tax dispute between the state and Enbridge Energy, so cases involving tens of millions of dollars in tax revenue will head to court.

Enbridge Energy has appealed five years of property taxes, saying the Minnesota Department of ­Revenue overvalued its massive pipeline system. If Enbridge wins its appeals, some northern Minnesota counties and local governments will be on the hook for potentially budget-busting tax refunds.

http://www.startribune.com/enbridge-state-fail-to-reach-settlement-in-pipeline-tax-dispute/417810053/