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