Level 3 Communications, LLC v. Dept. of Rev.

303 Argued and submitted March 16, judgment of Tax Court affirmed July 1, 2021 LEVEL 3 COMMUNICATIONS, LLC, Plaintiff-Appellant, v. DEPARTMENT OF REVENUE, State of Oregon, Defendant-Respondent. (TC 5236 (Control), 5269, 5291) (SC S067283)

490 P3d 149

Level 3 challenged the Tax Court’s determination of the real market value of its tangible and intangible property for the 2014-15, 2015-16, and 2016-17 tax years, arguing that the Tax Court erroneously concluded that the central assessment statutory scheme permits taxation of the entire enterprise value of the company, as opposed to permitting…