Shaky Industrial Plant Valuation Survives High Court Review

Business Valuation UpdateVol. 21 No. 12
Legal and Court Case Update
December 2015
7374 Computer Processing and Data Preparation and Processing Services
518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
state taxation (incl. ad valorem)
cost approach, expert testimony, income approach, depreciation, replacement cost method, market value, real property, sales comparison, tax assessment

Hewlett-Packard Co. v. Benton Cnty. Assessor
2015 Ore. LEXIS 575
August 6, 2015
US
State Court
Oregon
Supreme Court
Unknown (company/plaintiff-respondent); unknown (department of revenue/defendant-appellant)
Balmer

Summary

Tax court adopts taxpayer expert’s value of the loss determination underlying real market valuation of industrial plant; state’s high court affirms but notes unresolved contradiction in financial feasibility analysis underpinning expert’s final valuation.

See Also

Hewlett-Packard Co. v. Benton Cnty. Assessor

Tax court adopts taxpayer expert’s value of the loss determination underlying real market valuation of industrial plant; state’s high court affirms but notes unresolved contradiction in financial feasibility analysis underpinning expert’s final valuation.