(DOWNLOAD) "In Re Tax Appeal Of City And County Of Honolulu" by Hawaii Supreme Court ~ eBook PDF Kindle ePub Free
eBook details
- Title: In Re Tax Appeal Of City And County Of Honolulu
- Author : Hawaii Supreme Court
- Release Date : January 26, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
The City and County of Honolulu (the City) appeals from a Tax Appeal Court ruling on the assessed fair market value of the ocean-front Black Point Road property of Mary P. Steiner, trustee (Steiner) for the 1988-89 and 1989-90 tax years.*fn1 The City objects to the valuation of the Tax Appeal Court because: (1) the City believes that the court disregarded sales to Japanese buyers in determining fair market value, and (2) the court applied the Kahala Beach benchmark for a 20,000 sq. ft.*fn2 lot to only 14,000 sq. ft. of the Steiner property without adjusting the benchmark upward to reflect the decreased size. Steiner cross-appeals from the Tax Appeal Court's finding that 14,000 sq. ft. of the property is usable, claiming that only 11,000 sq. ft. of the 46,707 sq. ft. lot is usable. This appeal concerns the valuation of the land only, not the improvements thereon.