88-1924

Property

Signed 4/24/89

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

XXXXX

Petitioner, )

) FINDINGS OF FACT,

v. ) CONCLUSIONS OF LAW

) AND FINAL DECISION

AUDIT DIVISION OF THE )

STATE TAX COMMISSION OF UTAH, ) Appeal No. 88-2024

Respondent. )

_____________________________________

This matter came before the Utah State Tax Commission for a prehearing conference on the XXXXX. James E. Harward, Presiding Officer, heard the matter for and in behalf of the Tax Commission. XXXXX, XXXXX Assessor, appeared representing the Respondent. No one appeared representing the Petitioner. The Presiding Officer, after making note of the nonappearance of the Petitioner, proceeded to take evidence and arguments as it relates to the request of the Petitioner for an adjustment in the valuation of the subject property for the tax year XXXXX.

FINDINGS OF FACT

1. The tax in question is property tax.

2. The period in question is XXXXX.

3. The Petitioner presented a closing statement to show that the subject property sold the XXXXX for $$$$$. No other evidence was presented.

CONCLUSIONS OF LAW

The Tax Commission is required to oversee the administration of taxes throughout the State of Utah and make adjustments where appropriate. Utah Code Ann.'59‑1‑210.

DECISION AND ORDER

The Tax Commission has looked seriously at the settlement statement presented by the Petitioner. However, without further justification to indicate that the sales price is indicative of the market, the Commission will not order an adjustment to the valuation of the subject property. Petitioner's request is denied.

DATED this 24 day of April, 1989.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

R. H. Hansen Roger O. Tew

Chairman Commissioner

Joe B. Pacheco G. Blaine Davis

Commissioner Commissioner

NOTICE: You have ten (10) days after the date of the final order to file a request for reconsideration or thirty (30) days after the date of final order to file in Supreme Court a petition for judicial review. Utah Code Ann. '' 63‑46b‑13(1), 63‑46b‑14(2)(a).

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