WAL MART STORES, INC. v. WAYNE TP. ASSESSOR

No. 49T10-0206-TA-75.

825 N.E.2d 485 (2005)

WAL MART STORES, INC., Petitioner, v. WAYNE TOWNSHIP ASSESSOR, Respondent.

Tax Court of Indiana.

April 8, 2005.


Attorney(s) appearing for the Case

Douglas J. Deglopper, Attorney at Law, Indianapolis, IN, Attorney for Petitioner.

Steve Carter, Attorney General of Indiana, Andrew W. Swain, Deputy Attorney General, Indianapolis, IN, Attorneys for Respondent.


FISHER, J.

Wal Mart Stores, Inc. (Wal Mart) appeals the final determination of the Indiana Board of Tax Review (Indiana Board) valuing its real property for the 2001 tax year. The sole issue before this Court is whether Wal Mart's improvements are entitled to obsolescence depreciation.

FACTS AND PROCEDURAL HISTORY

In 1999, Wal Mart had owned and operated one of its standard-sized stores in Richmond, Indiana for approximately eight years. That same...

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