Cass v. Colorado Beverage Co.

This controversy concerns the assessment for ad valorem taxes of a stock of merchandise consisting of distilled spirits. The specific question presented is whether or not the amount paid for state and federal excise taxes on said spirits should be included in the assessor’s valuation. The trial court found that such excise taxes should not be so included, and the assessor seeks reversal of the judgment on writ of error.

Sections 54 and 55, chapter 142, ’35 C.S.A., as amended by chapter 158, S.L. ’43, and quoted, in so far as here material, in Denver v. Hover Motors, 121 Colo. 439, 217 P. (2d)…