87-0612 - Centrally Assessed

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX

            Petitioner,                                                         :           ORDER OF APPROVAL

v.                                                                                 :

PROPERTY TAX DIVISION,                                    :           Appeal No. 87-0612

STATE TAX COMMISSION OF UTAH,                  )

            Respondent.                                                     :

_____________________________________

STATEMENT OF CASE

            This is an appeal to the Utah State Tax Commission from the Notice of Assessment-Private Car Companies for XXXXX.  Petitioner asserted that the subject property should be reduced in value.  Petitioner submitted additional cost information for 669 tank cars or 54.84% of their fleet.  The information is from a report of Interstate Commerce Commission registrations of equipment.  The XXXXX original assessment was $$$$$.  The taxable value, after the adjustment for these cars, would be $$$$$ or a decrease in tax liability for approximately $$$$$.  Petitioner, in a letter dated XXXXX, and Respondent, in a memorandum dated XXXXX, each agree with the proposed value of $$$$$.

ORDER

            The Utah State Tax Commission hereby finds that the taxable value of the subject property as of XXXXX to be $$$$$.  The Property Tax Division of the Utah State Tax Commission is hereby ordered to adjust its records in accordance with this Order of Approval.

            DATED this 6 day of August, 1987.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

R. H. Hansen                                                                Roger O. Tew

Chairman                                                                      Commissioner

Joe B. Pacheco                                                            G. Blaine Davis

Commissioner                                                               Commissioner