87-0564 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

XXXXX

            Petitioner,                                                         :

v.                                                                                 :           ORDER OF APPROVAL

                                                                                    :           Appeal No. 87-0564

PROPERTY TAX DIVISION OF                               :

THE STATE TAX COMMISSION OF UTAH,          )

            Respondent.                                                     :

_____________________________________

STATEMENT OF CASE

            The above-captioned matter involves an appeal to the State Tax Commission from the assessment by the Property Tax Division of the Utah State Tax Commission on the subject property.  Petitioner asserted that the subject property should have a lower taxable value as of the lien date, XXXXX.  Petitioner and Respondent agreed to the following facts: The assessment for the tax year XXXXX contained items which were scrapped on the dissolution of the partnership, XXXXX, on XXXXX.  The original valuation was $$$$$, the recommended revised valuation is $$$$$.  XXXXX County had standing to object to the assessment of the subject property pursuant to the Utah Code Ann. 59-2-1013 but elected not to show cause.

ORDER

            Based on the forgoing, the Utah State Tax Commission hereby finds the taxable value of subject property to be $$$$$ for the tax year in question.

The Property Tax Division of the Utah State Tax Commission is hereby ordered to adjust its records in accordance with this order.

            DATED this 30 day of January, 1989.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

                                                                                    ABSENT

R. H. Hansen                                                                Roger O. Tew

Chairman                                                                      Commissioner

Joe B. Pacheco                                                            G. Blaine Davis

Commissioner                                                               Commissioner