Exxon Mobil Corp. (NYSE: XOM) has stopped haggling with Harris County over its 2015 tax bill.
The Irving, Texas-based energy giant filed a motion to dismiss a lawsuit it filed against the Harris County Appraisal District over a $40 million property tax bill,according to the Houston Chronicle. In the lawsuit, Exxon had claimed HCAD’s $1.04 billion appraisal of the site for 2015 was “excessive and unequal in comparison with other similar property in the appraisal district.”
The filing comes a day before Exxon planned to release financial documents related to the property acquisition and construction of the campus, the Chronicle reports. The company already paid its disputed tax bill.
Read more at Dallas Business Journal