Componx, Inc. v. Indiana State Board of Tax Commissioners

FISHER, Judge.

Componx, Inc. (Componx) appeals the State Board of Tax Commissioners’ (State Board) final determination that assessed their building for the March 1, 1993 assessment date. Componx raises two issues on appeal:

I. Whether the State Board properly denied the application of Instruction Bulletin 91-8 to Componx’s building.

II. Whether the State Board properly calculated the square footage of Componx’s building.

The Court holds that the State Board’s denial of the Instructional Bulletin “Mt” adjustment was arbitrary, capricious, and unsupported by substantial evidence, and that the…