WASHINGTON, DC—While talks continue between the D.C. Building Industry Association and the District over proposed tax assessment changes, trade officials believe commercial property owners will likely not avoid higher taxes in 2015.

D.C. Building Industry Association President Sean Cahill told the Washington Business Journal that D.C. Chief Financial Officer Jeff DeWitt is unlikely to enact any major changes to proposed new guidelines to how the District assesses and taxes large property owners. The assessment changes, unveiled earlier this year, will likely impose double-digit percentage tax increases in 2015.

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