How to Understand Maine’s System for Real Estate Assessment
N. Joel Moser, co-chair of the property-tax-and-valuation team at the Portland Law Firm of Bernstein Shur writes about what to do if one is to receive a tax assessor’s request for additional information, or a Section 706 request. Recent changes in the law have made it less of a burden than it has been in the past. The Maine Legislature has specified the taxpayer now has a defined number of days (30) from receipt of a Section 706 to respond to the tax assessor, and an amendment to the law provides new protection for requested information that a taxpayer may consider to be confidential or proprietary. Moser also suggests to view the request as a strategically important business tool and an economic development necessity.
Taxation--Law and legislation
Moser, N. Joel, "How to Understand Maine’s System for Real Estate Assessment" (2015). Maine News Index – MaineBiz. 6303.