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State Courts -
Nebraska - May 2, 2006
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Homemakers, Inc. v. Douglas County Bd. of Equalization, No. A-05-872.,
NEBRASKA COURT OF APPEALS, May 2, 2006, Filed
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Overview: Tax Equalization and Review Commission (TERC) erred in affirming county board of equalization's valuation of a taxpayer's residential "mansion class" property at $ 2,928,000 for 2003; presumption of correctness of assessor's valuation had been overcome, and taxpayer showed by clear and convincing evidence value of property for 2003 was $ 1,500,000.
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