Biotech giant Genentech will get a refund on its tax bill for the years 2000 through 2005 but how much it will be has yet to be determined.
It will either be $6.7 million or up to $17 million depending on a court decision, said Jim Irizarry, assistant tax assessor for San Mateo County.
Genentech appealed its tax bill for those years in 2013 to the San Mateo County Assessment Appeals Board which finally decided in favor of the company earlier this year.
It will either be $6.7 million or up to $17 million depending on a court decision, said Jim Irizarry, assistant tax assessor for San Mateo County.
Genentech appealed its tax bill for those years in 2013 to the San Mateo County Assessment Appeals Board which finally decided in favor of the company earlier this year.
