Poddar v. Department of Revenue

In this property tax case, appellant Bhagwati Poddar (taxpayer) asserts that the tax assessment of his real property for the tax years 1994-95 and 1995-96 erroneously failed to take into account the effect of governmental restrictions that applied to that property. Following trial, the Oregon Tax Court upheld the assessment. Taxpayer appealed to this court pursuant to ORS 305.445. For the reasons set forth below, we affirm in part and vacate and remand in part the judgment of the Tax Court.

We take the following facts from the record. Taxpayer and his spouse purchased rural property in Clatsop…