Dave Olson, Published July 09 2013
Local companies seek break on income taxesFARGO – The North Dakota State Board of Equalization will review applications on Thursday from two companies seeking five-year, 100 percent income tax exemptions for new business projects in Fargo and West Fargo.
One application is from Tech Mahindra Americas of Richardson, Texas, an international company that has an operation at 4340 18th Ave. S., the same Fargo building as Cargill Global Business Services.
Tech Mahindra provides IT and call center support and has operated in Fargo for about a year.
The total possible tax exemption for Tech Mahindra is $158,873, according to documents supplied by the state tax commissioner’s office.
The other applicant is Trinity Containers of Dallas.
Trinity Containers purchased the former DMI building in West Fargo and manufactures large tanks for oil, gas and water.
It also does some work involving wind towers.
Trinity Containers has operated in West Fargo since late 2012.
The total possible tax exemption for Trinity Containers is $125,985.
The Board of Equalization meeting will be in Bismarck.
Readers can reach Forum reporter
Dave Olson at (701) 241-5555