SOPER-WHEELER CO. v. STATE BD. OF EQUALIZATION

Docket No. 20103.

124 Cal.App.3d 913 (1981)

177 Cal. Rptr. 515

SOPER-WHEELER COMPANY et al., Plaintiffs and Respondents, v. STATE BOARD OF EQUALIZATION, Defendant and Appellant.

Court of Appeals of California, Third District.

October 23, 1981.


Attorney(s) appearing for the Case

COUNSEL

George Deukmejian, Attorney General, Edward P. Hollingshead and Charles C. Kobayashi, Deputy Attorneys General, for Defendant and Appellant.

Pillsbury, Madison & Sutro, Noble K. Gregory, Alson R. Kemp, Jr., and Mark H. Penskar for Plaintiffs and Respondents.


OPINION

REYNOSO, J.

The litigants call on this court to resolve two issues of law pertaining to the formula utilized to tax real property which is timberland. We examine and explain the pertinent constitutional, statutory and regulatory provisions. As will be seen, we conclude: First, the immediate harvest value must be averaged on the preceding 20 quarters. Second, for the purpose of taxing land, the timberland values of the pine...

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