BEFORE THE STATE TAX COMMISSION
OF UTAH
_____________________________________
XXXXX
Petitioner, :
v. : ORDER OF APPROVAL
PROPERTY TAX
DIVISION OF THE : Appeal No. 87-0884
STATE TAX
COMMISSION OF UTAH, )
Respondent. :
_____________________________________
STATEMENT OF CASE
The
above-captioned matter involves an appeal to the Utah State Tax Commission from
the assessment of the subject property by the Property Tax Division of the Utah
State Tax Commission. 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: The original
Utah allocation was based solely on book cost. Petitioner subsequently provided
Utah revenue information, which reduced the Utah allocation percentage from
%%%%% to %%%%%. The Utah market value
was reduced from $$$$$ to $$$$$. XXXXX
had standing to object to the assessment of the subject property pursuant to Utah
Code Ann. 59-2-1013 (1953) but elected not to show cause.
DECISION AND ORDER
The
Tax Commission, after reviewing the stipulation, hereby accepts this
stipulation in lieu of a formal hearing and finds the taxable value of the
subject property as of XXXXX, to be $$$$$.
The Property Tax Division of the Utah State Tax Commission is hereby
ordered to adjust its records in accordance with this Order of Approval.
DATED
this 20 day of October, 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