Astoria Plywood Corp. v. Department of Revenue

This is an appeal by the Department of Revenue from a decree of the Oregon Tax Court that the true cash value of plaintiff’s plywood manufacturing plant at Astoria for the tax year 1968-69 was the sum $1,079,980. (4 Or TC 122) The county assessor had previously found the true cash value of the plant to be $1,678,100. On plaintiff’s appeal to the Department the value was reduced to $1,513,400. Plaintiff alleged that the true cash value did not exceed $730,941.

The single assignment of error by the Department of Revenue is that the Tax Court erred in placing a value of $1,079,980 upon…