New York Law Authorizing Taxation of Spent Nuclear Fuel Storage Facilities Raises Property Tax Issues for the U.S. Nuclear Industry

A recent change in New York law requires local authorities to assess spent nuclear fuel storage facilities at permanently shutdown nuclear power plants as real property for ad valorem tax purposes. The legislation raises a number of complex valuation issues for owners of shutdown nuclear power plants in New York....
By: Pillsbury Winthrop Shaw Pittman LLP

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