Truitt Bros. v. Department of Revenue

Defendant, Department of Revenue (department), appeals from a decision of the Oregon Tax Court reducing the assessed valuation of plaintiffs (taxpayer) fruit and vegetable cannery located in Salem, Oregon. The property was on the 1981-82 tax roll at a true cash value of $7,705,010. The hearings officer for the department reduced this amount by $412,410. The tax court determined the true cash value of the property to be $5,602,393. 10 OTR 111 (1985). Taxpayer cross-appeals, alleging that the tax court should have set the assessed value of the property at $3,463,000.

This case concerns the true…