Dive Summary:
- Idaho's state Supreme Court could rule soon on the state Tax Commission's appeal over PacifiCorp asset appraisals, and the results could impact other appraisal disputes, determining millions of dollars in payment obligations for counties and taxpayers.
- Rocky Mountain Power, PacificCorp's partent company argues that the commission inflated the values of its turbines, transmission lines and office buildings.
- PacifiCorp won their 2010 lawsuit over the appraisals, and Idaho Power Co. is likely to be affected by the new ruling due to its own appraisal disputes.
From the article:
"... Rocky Mountain Power-parent PacifiCorp contends that state appraisers inflated the value of their turbines, transmission lines and office buildings, resulting in higher tax bills.
PacifiCorp won a lawsuit over the issue in 2010, and Idaho Supreme Court justices could rule this year on the state Tax Commission's appeal. Idaho Power Co., the state's biggest utility, has also appealed recent appraisals that will likely be impacted by the case's outcome. ..."
