Board of Supervisors of Fairfax County v. Telecommunications Industries, Inc.

In this appeal, we consider whether the trial court erred by reducing personal property tax assessments to reflect the fair market value of the personal property.

Telecommunications Industries, Inc. purchased two VAX 8550 computer systems manufactured by Digital Equipment Corporation at a cost of $1,240,415 in 1988. Telecommunications Industries utilized these computers to provide support for its telecommunications and telemarketing activities. The following year, Digital Equipment Corporation enhanced its VAX computer systems. These enhancements made the VAX 8550 computers that…