Rewards of Merit: Property Tax

Supporting a Public E&P Through a Major Asset Sale


A large E&P company with substantial acreage in a major shale basin engaged Merit to minimize tax liability and transition the property tax function for a large block of assets in a pending sale.

Results for client


Year-Over-Year Cash Tax Savings


  • Client sought to minimize tax liability for the benefit of both parties involved in the transaction.

  • Client needed to transition the property tax function to the acquiring company to allocate personnel and resources more efficiently.

  • Acquiring company needed processes created moving forward.

Merit Action Plan:

  • Partnered with client’s internal tax department to maximize capabilities of both teams.

  • Negotiated directly with county appraisal districts (CADs) following a thorough review of appraisals.

  • Completed valuation work before CADs issued appraisal notices in most instances, lowering the basis for negotiations and avoiding formal public hearings.

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