BAILEY SEED FARMS, INC. v. STATE BD. OF TAX COM'RS

No. 38T05-8807-TA-00040.

542 N.E.2d 1389 (1989)

BAILEY SEED FARMS, Inc., Petitioner, v. State Board of Tax Commissioners of the State of Indiana, Respondent.

Indiana Tax Court.

August 17, 1989.


Attorney(s) appearing for the Case

Lon R. Racster, Hinkle & Racster, Portland, for petitioner.

Linley E. Pearson, Atty. Gen. by Joel Schiff, James R. Green, Deputy Attys. Gen., Indianapolis, for respondent.


FISHER, Judge.

STATEMENT OF CASE

Petitioner, Bailey Seed Farms, Inc., appeals a final determination by Respondent, State Board of Tax Commissioners, pertaining to liability for property tax on inventory in Bailey's possession on March 1, 1987.

FACTS AND EVIDENCE

Bailey filed a Business Property Tax Return on or about June 15, 1987. On an attached Form 103-N, Bailey claimed that certain seeds in its possession were owned by Stine Seed Farm...

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