Level 3 Communications, LLC v. Dept. of Rev.

Summary

The Oregon Supreme Court affirmed the Tax Court’s judgment, holding that Oregon’s central assessment statutes permit the Department of Revenue to consider a company’s enterprise value and investment attributes as reliable indicators of the value of its taxable property, and that the Tax Court did not err in accepting the Department’s valuations for the 2014‑15, 2015‑16, and 2016‑17 tax years.