“Covenant began the six-year tax cycle in 2008 with tax
liability based on 100% of its property value. The Department treated Covenant
like other similarly situated property owners when it assessed Covenant’s
property value. The fact that Covenant’s property may have declined in value
during the six-year cycle, and that Covenant may pay taxes, for some portion of
the remainder of the six-year cycle, on a valuation greater than 100% of its property
value, does not violate Covenant’s right to equal protection.”
No comments:
Post a Comment