Oregon Portland Cement Co. v. State Tax Commission

The Oregon State Tax Commission appeals, and the taxpayer cross-appeals, from an order made by the circuit court for Clackamas County which directed the refund of certain property taxes assessed and paid for the tax year 1958-59.

The taxpayer is the Oregon Portland Cement Company, a corporation, and the property in question is the taxpayer’s cement plant in Oswego. The parties have agreed generally on the replacement cost of the plant, less functional obsolescence and deterioration. ① The Commission seeks to treat this as the final value to which the assessment formula should he applied. The…