CARMAN ET AL v. DEPT. OF REV., 3 OTR 516 (1969)

CARMAN, CARMAN, DETLEFSEN, FORBES, GRAY, HOFFMAN, HUNTLEY, LAIRD, LUND, LUTTRELL, RANKIN AND DEMENT v. DEPARTMENT OF REVENUE In the Oregon Tax Court. September 23, 1969. Farm use value — Income approach 1. Where comparable sales are not available to determine farm use value, ORS 308.345(3) provides for income approach which requires finding of capitalization rate […]

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