87-0882 - Centrally Assessed

 

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX

            Petitioner,                                                         :

v.                                                                                 :           ORDER OF APPROVAL

PROPERTY TAX DIVISION OF THE                       :           Appeal No. 87-0882

            UTAH STATE TAX COMMISSION,            :

            Respondent.                                                     :

_____________________________________

STATEMENT OF CASE

            The above-captioned matter involves an appeal to the Utah State Tax Commission from the assessment by the Property Tax Division of the Utah State Tax Commission on the subject property.  XXXXX (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: When Petitioner filed its XXXXX return for assessment for its personal property it listed supplies at $$$$$.  The supplies should have been reported at $$$$$.  The original assessment for XXXXX including real and personal property was $$$$$.  The revised assessment is $$$$$ for real and personal property.  XXXXX County had standing to object to the assessment of the subject property pursuant to Utah Code Ann. 59-2-1013 (1953) but elected not to show cause.

ORDER

            Based on the foregoing, the Utah State Tax Commission hereby finds 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 with this Order of Approval.

            DATED this 24 day of November, 1987.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

ABSENT

R. H. Hansen                                                                Roger O. Tew

Chairman                                                                      Commissioner