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Board approves reassessment and penalty abatement for Global Tel Link audit appeal
Summary
The Board of Equalization approved a petition for reassessment and abatement of penalties for Global Tel Link Corporation after staff and the petitioner resolved discrepancies identified in an audit of prior roll years.
The Board of Equalization on May 28 approved a petition to reassess unitary value and abate a penalty for Global Tel Link Corporation, following staff review and supplemental information provided by the petitioner.
Jack McCool, chief of the State Assessed Properties Division, told the board the item relates to an audit-escaped assessment the board adopted on Feb. 20 that resulted from a multi-year (four-year) audit. "Petitioner is also requesting abatement of the penalty amount…
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