Alsea Veneer, Inc. v. Department of Revenue

This is an appeal by the Department of Revenue (Department) from a decree of the Oregon Tax Court wherein it was determined for taxation purposes that the true cash value of machinery and equipment in plaintiffs veneer plant as of January 1, 1981 was $277,000.* 1 The defendant Department contended it was worth $579,600. The principal issue is whether the method used by the plaintiff in determining the true cash value of the machinery and equipment should have been accepted by the Tax Court.

In its ten assignments of error the Department claims generally that (I) the Tax Court failed to decide…