What is ad valorem tax?
Ad valorem (“according to value” in Latin) tax is based on the value of real estate or personal property. Georgians may be most familiar with ad valorem tax because it is the type of tax paid annually on their automobiles. Still, Martin Grayson Charlton, one of the principals of Charlton & Glover, has extensive experience working on behalf of corporate clients in the highly specialized area of ad valorem tax litigation.
Although the automobile tax example is familiar and relatively simple, many ad valorem tax litigation cases can be quite complex, addressing issues such as the incorrect assessment of the value of a corporation’s property in any given jurisdiction. Often the disputes are litigated based on constitutional aspects of the cases. That’s why Martin’s expertise in this area is in demand and his record is stellar: He won the largest tax verdict in the State of Arizona on behalf of a client.
Charlton & Glover has assisted a number of corporations with their ad valorem needs, including: Bridgestone/Firestone, Mount Vernon Mills, Pratt Industries, Santa Fe Pacific Pipeline, WorldCom, and others.
