Boise Cascade Corp. v. Department of Revenue

CARL N. BYERS, Judge.

This case concerns the true cash value of a green veneer mill in Independence, Oregon, for the tax year 1988-89. Plaintiff appeals from a value of $3,430,000 and contends the true cash value of the property, as of the date in question, was no more than $1,471,000. The parties disagree on valuation concepts and request a preliminary ruling to assist them in preparing for trial.

The issue presented is whether the “intangibles,” goodwill, going concern, management, and work force in place, are includable in the assessed value of real property for property tax purposes. This…