Houghton v. Department of Revenue

This is an appeal from a decision by the Oregon Tax Court affirming an order by defendant which approved the valuation for tax purposes of plaintiffs’ real property by the Lane County assessor.① The real property involved is located on the Pacific Ocean in Lane County and is owned and operated by plaintiffs as partners under the assumed business name of Sea Lion Caves.

The facts of the case, as well as the basic legal issues and contentions of the parties, are set forth in a well written decision by the Oregon Tax Court, 4 OTR 451 (1971), and need not be repeated for the purposes of this…