South Shore Marina, Inc. v. State Board of Tax Commissioners

FISHER, Judge.

The petitioner, South Shore Marina, Inc., appeals the final determination of the respondent, State Board of Tax Commissioners, which found South Shore liable for personal property tax on boats claimed to be owned, held, possessed, or controlled by third parties.

South Shore operated a marina in Porter County, Indiana. As part of its operations, South Shore leased out storage space for boats and other personal property. South Shore's relationship with boat owners was governed by a storage agreement, which stated that the boat owner retained possession of any personal property…