FORD MOTOR CO. v. CITY OF DETROIT

Docket Nos. 8055; 10488-10501.

43 Mich. App. 248 (1972)

204 N.W.2d 348

FORD MOTOR COMPANY v. CITY OF DETROIT. THE BUDD COMPANY v. CITY OF DETROIT.

Michigan Court of Appeals.

Decided October 24, 1972.


Attorney(s) appearing for the Case

Dennis R. Pollard, for plaintiff Ford Motor Company.

Long, Ryan, Franseth, Goodenough & Smith (by Richard H. May), for plaintiff The Budd Company.

Michael M. Glusac, Corporation Counsel, and Julius C. Pliskow, Lawrence W. Morgan, and Arthur Yim, Assistants Corporation Counsel, for defendants City of Detroit and Robert J. Temple, its Treasurer.

William L. Cahalan, Prosecuting Attorney, and Aloysius J. Suchy, William F. Koney, and William F. Connolly, Assistant Prosecuting Attorneys, for defendants Wayne County and Louis H. Funk, its Treasurer.

Amicus Curiae: Frank J. Kelley, Attorney General, Robert A. Derengoski, Solicitor General, and Richard R. Roesch, Assistant Attorney General.

Before: HOLBROOK, P.J., and T.M. BURNS and DANHOF, JJ.


DANHOF, J.

These consolidated cases present a question regarding the method of computing the value of inventory on tax day, i.e., December 31, MCLA 211.2; MSA 7.2. The problem arises when a taxpayer wishes to claim an exemption for inventory stored in a public warehouse designated as in transit in interstate commerce, and at the same time averages inventory over a 12-month period rather than using the tax-day valuation. The statute governing averaging inventory...

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