92-1349 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION

_________________________________

XXXXX

Petitioner, : ORDER OF APPROVAL

:

v. :

:

PROPERTY TAX DIVISION OF THE : Appeal No. 92-1349

UTAH STATE TAX COMMISSION, :

: Tax Type: Cent. Assessed

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 on the subject property. Petitioner asserted that the subject property should have a lower market value as of the lien date XXXXX.

Petitioner and Respondent have agreed that assessment against Petitioner is not appropriate, since the subject property was traded to the XXXXX on XXXXX. Therefore, the Petitioner has no tax liability on the subject property for the year in question.

XXXXX County had standing to object to the proposed disposition of this case pursuant to Utah Code Ann. §59-2-1007, but elected not to do so.

ORDER

Based on the foregoing, the Utah State Tax Commission hereby finds the Petitioner to be without tax liability on the subject property for the year XXXXX.

The Property Tax Division is hereby ordered to adjust its records in accordance with this order of approval. The XXXXX County Auditor is also authorized to adjust its records in accordance with the revised notice of assessment.

DATED this 13th day of October, 1992.

BY ORDER OF THE UTAH STATE TAX COMMISSION.

ABSENT

R. H. Hansen Roger 0. Tew

Chairman Commissioner

Joe B. Pacheco S. Blaine Willes

Commissioner Commissioner