Economic Development
Tax incentives and PILOT strategies for projects across West Tennessee and North Mississippi.
Overview
The firm's attorneys help companies and site selection specialists resolve state and local tax issues and pursue both tax and non-tax incentives for their projects. Much of this work involves West Tennessee, especially Shelby and Fayette counties, as well as North Mississippi.
Over more than twenty-five years, the Economic Development Practice Group has prepared more than 160 Payment-In-Lieu-Of-Tax applications in Tennessee, including filings for several Fortune 100 companies before the EDGE board in Memphis and Shelby County. These projects have produced significant property tax savings and supported more than 26,000 jobs tied to roughly $3 billion in capital investment. In Mississippi, the group also designs tax strategies that use income tax credits, sales and property tax exemptions, and fee-in-lieu-of-tax agreements.
The group includes tax, property, and trial lawyers. Its members evaluate available incentives, explain the approval process and expected savings, negotiate with relevant parties, present projects for final approval, and prepare the necessary legal documents. The group also supports clients with ongoing reporting and compliance and advises on property tax matters affected by PILOT transactions.
