Diamond Fruit Growers, Inc. v. State Tax Commission

Plaintiff qualifies for the tax benefits of the “processors’’ exemption statute” ORS 308.250. Subsection (1) of that statute fixes the assessment date for all personal property at January 1 of each year. Subsections (2) and (3) provide that the January 1 assessment may be cancelled for certain processed agricultural products. The property was canned fruits in this instance. The cancellation is allowed for goods in the “hands” of a processor “while being transported to or held in storage in a public or private warehouse,” if the processed fruit was “transported or shipped to another point…