FISHER, Judge.
The taxpayer appeals a final determination of the State Board of Tax Commissioners in which the State Board denied the taxpayer's claim for an adjustment for abnormal obsolescence in determining the true cash value of inventory.
The taxpayer bases its claim for abnormal obsolescence adjustment on 50 IAC 4.1-7-1(C), which provides in pertinent part:
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.