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Schwan's gets tax break for building

 


Hill County has granted Schwan's Food Co. property tax benefits for its new building near Havre.

Schwan's, which relocated to Hill County last month from Chinook, will pay taxes on half of the assessed value of its new warehouse facility for the next five years. After that it will pay an additional 10 percent each year for five years. In the 10th year, the company will begin paying taxes on the total assessed value.

The Hill County Commission approved the tax break for the food home delivery company on Thursday.

Montana law allows counties to provide the tax breaks to new or expanding compa...



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