Rewards of Merit: Property Tax

Delivering $12.6B in Value Over a 15 Year Relationship with Large E&P

Client:

A large E&P company with both upstream and midstream assets wanted a trusted service provider that would consider themselves an extension of the company and handle all property tax responsibilities.

Results for client

$12.6B

Value Reductions

$208M

AD Valorem Tax Savings

Challenge:

Client sought a long-term relationship with experienced property tax professionals that would deliver value added solutions to minimize their tax liability.

Client wanted a provider that would deliver timely solutions to all company inquiries and perform all the property tax department duties responsibly.

Merit Action Plan:

Assemble an experienced team utilizing state-of-the art technology to meet the client’s best practices needs.

Establish a culture of trust with the client with quarterly and annual meetings to discuss progress of tax department, upcoming issues, and successes.

VP of Tax trusted advisor.