Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

State tax court says 13 counties must still refund millions to Enbridge, but less than before

 

November 18, 2019

Jim Mone

The state tax court raised its valuation of Enbridge's pipeline corridor in Minnesota, which means that counties owing the company refunds on tax payments will have to return less than they previously expected.

The Minnesota Tax Court has raised its valuation of Enbridge's oil-pipeline corridor, a setback for the Canadian company but an improvement for several counties on the hook for tens of millions of dollars in tax refunds.

Enbridge and the Minnesota Department of Revenue have been battling for years over valuing the company's pipelines, which carry oil from Alberta across 13 northern Minnesota counties to Superior, Wis. Up until last week, Enbridge had mostly prevailed in its tax appeals.

http://www.startribune.com/state-tax-court-says-13-counties-must-still-refund-millions-to-enbridge-but-less-than-before/564980922/

 

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