Union Pacific Railroad v. Department of Revenue

CARL N. BYERS, Judge.

These cases concern the true cash value of plaintiffs 1 railroad property located in Oregon for the tax years 1983 and 1984. The accepted method of arriving at the true cash value of an integrated unit of property such as plaintiffs railroad is to value the whole system and then allocate a portion of that value to Oregon. As will be seen, this is a complex and sophisticated process.

The magnitude and complexity of the property involved moves the analysis to a level of sophistication not previously experienced. The court finds itself pondering evidence that deals with…