Suffolk paid Lilco $81 million last year for excess taxes on the Shoreham plant from 1976 through 1983 as a result of a court decision.
The excess tax paid in the meantime will be repaid to the applicant once the 30% tax exemption is granted.
In India, there is a provision of refund of excess tax along with interest.
Foreign companies are often penalized with excess taxes - rather than rewarded with incentives - for expanding.
Strong economic growth during the 90's provided excess tax revenue that the federal government has begun to use in making a down payment toward paying off our national debt.
Ultimately, many owners win refunds for their excess taxes, and the staggering bills have nearly bankrupted the county.
But Nassau officials argued that their residents, who paid the excess taxes in their electric rates, deserved a faster rebate.
Any excess taxes paid by employers, however, are not refundable to the employers.
If a property owner is successful in an appeal, he said, the municipality must refund the excess taxes paid on the overassessed property.
In April 2009, many Idahoans joined "tea parties" throughout the state to take a stand against excess taxes and federal spending.