TAUNTON REDEVP. ASSOCS v. BD. OF ASSESSORS OF TAUNTON


393 Mass. 293 (1984)

471 N.E.2d 75

TAUNTON REDEVELOPMENT ASSOCIATES vs. BOARD OF ASSESSORS OF TAUNTON.

Supreme Judicial Court of Massachusetts, Suffolk.

November 13, 1984.


Attorney(s) appearing for the Case

David T. Gay for the Board of Assessors of Taunton.

Richard L. Wulsin for the taxpayer.

Present: HENNESSEY, C.J., LIACOS, NOLAN, LYNCH, & O'CONNOR, JJ.


LYNCH, J.

The board of assessors of Taunton (assessors) appeals from a decision of the Appellate Tax Board (board) granting a tax abatement to Taunton Redevelopment Associates (taxpayer). The issue raised on appeal is what tax factor is appropriate when using the capitalization of income approach to value property classified as commercial and assessed at 50% of fair cash value. The assessors argue that the board improperly applied a tax factor reflective of actual...

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