Phoenix New Times
http://www.phoenixnewtimes.com/slideshow/downtown-phoenix-who-gets-tax-…
Critics of Phoenix's use of the Government Property Lease Excise Tax, or GPLET (pronounced jeep-let) for short, often argue that it creates an uneven playing field. Often, seemingly identical apartment complexes, office buildings, or hotels sit side-by-side, one receiving a substantial reduction in their property taxes, the other not.
Which buildings downtown pay no taxes, and which pay several hundred thousand a year? Keep reading to find out.
Information for this slideshow was provided by the Arizona Tax Research Association, Maricopa County Assessor, and Maricopa County Treasurer's Office.
Critics of Phoenix's use of the Government Property Lease Excise Tax, or GPLET (pronounced jeep-let) for short, often argue that it creates an uneven playing field. Often, seemingly identical apartment complexes, office buildings, or hotels sit side-by-side, one receiving a substantial reduction in their property taxes, the other not.
Which buildings downtown pay no taxes, and which pay several hundred thousand a year? Keep reading to find out.
Information for this slideshow was provided by the Arizona Tax Research Association, Maricopa County Assessor, and Maricopa County Treasurer's Office.