Trendwest Resorts, Inc. v. Department of Revenue

HENRY C. BREITHAUPT, Judge.

I. INTRODUCTION

This matter is before the court on a stipulated record and cross motions for summary judgment.

II. FACTS

Plaintiff (taxpayer) is an Oregon corporation engaged in the development and management of time-share condominium resorts. Taxpayer desired to develop a condominium resort in Seaside, Oregon. To that end, taxpayer obtained certain real property for the purpose of constructing a mixed-use project consisting of retail condominiums, timeshare residential condominiums, and a parking structure. The property at issue in this case was that portion of the…