Falcon Cable Media LP v. Ark. Pub. Serv. Comm’n

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Appellants in this case were three companies engaged in providing cable-television services to subscribers (collectively, "Charter"). In a consolidated petition for review, Charter challenged the Tax Division of Appellee Arkansas Public Service Commission's ad valorem assessments of its properties for the tax years 2006 through 2009. The Commission upheld the Tax Division's assessments, and the circuit court affirmed. Charter appealed, arguing (1) the assessments were erroneous because they included the valuation of intangible personal property, which it claimed was exempt from taxation, and (2) the assessment of intangible property was illegal because the tax Division failed to promulgate rules that would provide notice of the change to taxpayers. The Supreme Court affirmed, holding (1) the Commission did not err by assessing the value of Charter's intangible personal property because the relevant statutes require the assessment of a cable-television company's intangible personal property, and the exemption provision exempting the taxation of intangible personal property did not apply; and (2) the Court was precluded from addressing Charter's second issue on appeal. View "Falcon Cable Media LP v. Ark. Pub. Serv. Comm'n" on Justia Law