National Grid sues R.I. towns over taxes
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The Associated Press
Published: November 19, 2008
PROVIDENCE—National Grid is suing a dozen Rhode Island towns, claiming they owe the company money for charging too much in taxes on its equipment.
The utility company said towns inflated the true value of its gas lines, meters and other equipment and forced the company to pay more than it really owed in taxes.
The company claims the towns used outdated state laws for their assessments, and it wants the court to clarify the way Rhode Island towns assess the value of its equipment.
In the suit, filed earlier this month in Providence Superior Court, the company said Warwick has assessed its taxes at about twice what it should have last year - $47 million, instead of $23.4 million.
North Kingstown is accused of overvaluing National Grid’s equipment by just $3.
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Posted by ( ME MYSELF N I ) on November 20, 2008 at 7:08 am
You have got to be kidding? National Grid has the nerve to sue these towns over taxes??? National Grid charges all businesses in Rhode Island for the taxes it had to pay to the state on the profit they made ripping everyone in the state off. Not only do they charge the businesses for the taxes they had to pay, they TAX that charge as well!! And when you question them about this charge, they tell you it’s a tax from the State of Rhode Island. The RI Tax department told me exactly what it was and it is NOT a tax, it’s them charging you for the taxes they had to pay based on the profit they made!!! National Grid is a monopoly and acts like the mob.
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Posted by ( slammie ) on November 19, 2008 at 9:28 pm
Ntional Grid the MONOPOLY Utility corporation in the state of RI. The company who RAPES we the people to the tune of MILLIONS of dollars is suing towns in RI cause the towns dare to tax the big guy.
this is just too rich. They are gonna go ask for a rate reduction with one hand and then another increase at the same time. This company is un ethical and just garbage in my mind.
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