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Utah County commission approves appeal removing obsolete mining servers from property assessment
Summary
The Utah County Commission on Oct. 29 voted to approve a personal-property tax appeal by counsel for ACE-related companies, removing equipment the company says was disposed of years earlier and that had remained on depreciation schedules after a 2024 state audit.
The Utah County Commission on Oct. 29 voted to approve a personal-property tax appeal by counsel for ACE-related companies, removing equipment the company says was disposed of years earlier and mistakenly remained on depreciation schedules after a 2024 state audit.
Dan Heaton, general counsel for the ACE group of companies, told the commission the case “was fairly simple”: roughly $271,000 in equipment — primarily cryptocurrency-mining servers — had been disposed of in 2018 but remained on depreciation schedules and were flagged by a 2024 audit. "It’s a travesty of justice to to pay taxes on assets that that do not exist," Heaton said, describing the company’s decision not to challenge the earlier audit and the subsequent effort to correct its filings.
Utah County Assessor Bert Garfel and Personal Property Supervisor Paulette Stetzer told commissioners…
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