Another blow against Pacific West Commercial Corp.:
Pacific West Commercial Corp. has lost their tax battle with Richmond County, Nova Scotia.
The company wanted to pay just 1/6 of the municipal taxes that the previous owners paid. The current tax rate of $2.5 million was negotiated in 2006 with previous owner Stora Enso and was to remain in effect for 10 years. Pacific West Commercial Corp. asked the court to cancel that deal.
This afternoon the Supreme Court of Nova Scotia tossed Pacific West Commercial’s application out.
