Online Software Provider Snags Massachusetts Tax Exemption
Richard Jones was quoted in the article, "Online Software Provider Snags Massachusetts Tax Exemption," [sub. req'd] published in Tax Notes on March 21, 2022.
The article discusses the recent ruling by the Massachusetts Appellate Tax Board in Akamai Technologies Inc. v. Board of Assessors of the City of Cambridge. The Board ruled that the software technology company qualified as a manufacturing corporation and thus its machinery is entitled to the corresponding property tax exemption under Mass. Gen. Laws.
Rich, who was one of the attorneys representing Akamai, told Tax Notes that they had expected this result. "The substantive question in all of these consolidated matters is whether Akamai was a manufacturing corporation, a question that the Appellate Tax Board has already answered in its opinion from last December," he added.