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Work group explores implementing personal property tax on data centers

December 14, 2023

Imposing a personal property tax on planned data centers in Frederick County could generate up to $112.1 million in additional revenue per year, according to a new analysis presented to the county’s data centers work group on Wednesday. The consulting firm MuniCap was hired to perform the tax revenue analysis, which will help the 12-member work group convened by County Executive Jessica Fitzwater develop a report that will inform the county’s regulation of the nascent industry.

Article Source: Frederick News-Post

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