Litho Stepping, Inc. v. Wyandotte County

Foth, C.J.:

The issue in this case is whether a Kansas resident who acquires taxable personal property after January T, but before July 1, must pay personal property taxes on it for the year of acquisition because of the provisions of K.S.A. 79-316. The Board of Tax Appeáls said “yes.” On appeal the district court said “no,” or at least “not under the facts of this case.”

The facts are undisputed. The taxpayer, Litho Stepping, Inc., (now Stepping Services, Inc.) is a Kansas corporation formed in October, 1980, to engage in the business of enlarging color photographs and preparing film for…