STATE BD. OF TAX COM'RS v. PIONEER HI-BRED

No. 4-884A239.

477 N.E.2d 939 (1985)

STATE Board of Tax Commissioners of the State of Indiana, and John M. Huie, Durwood S. Strang, and Gordon E. McIntyre, As Members of the State Board of Tax Commissioners, Defendants-Appellants, v. PIONEER HI-BRED International, Inc., Plaintiff-Appellee.

Court of Appeals of Indiana, First District.

May 16, 1985.


Attorney(s) appearing for the Case

Linley E. Pearson, Atty. Gen., Ted J. Holaday, Deputy Atty. Gen., Indianapolis, for defendants-appellants.

Leonard J. Betley, Barton T. Sprunger, Ice Miller Donadio & Ryan, Indianapolis, for plaintiff-appellee.


RATLIFF, Presiding Judge.

STATEMENT OF THE CASE

The State Board of Tax Commissioners (Board) appeals the setting aside of its administrative ruling assessing Pioneer Hi-Bred International's (Pioneer) personal property at a higher rate. We affirm.

FACTS

Pioneer is engaged in the production and sale of various types of seed grain. The present controversy arose out of the Board's valuation for tax purposes of grain produced and held as inventory...

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