Opinion ID: 1145418
Heading Depth: 1
Heading Rank: 3

Heading: Kantara, Inc.

Text: For seven years, Kantara, Inc. (Kantara) did not file an annual personal property schedule for its business property. Therefore, the assessor made a BIA valuation each year, beginning with a $100,000 valuation of the restaurant-use property, increased by 14.5 percent annually until 1988, when it was increased by 15 percent annually. Kantara paid the assessed taxes each year, until 1990 when it filed an abatement petition concerning its 1989 taxes. The petition was filed despite the fact that Kantara, which had received two notices regarding the 1989 valuation and the procedures by which it could protest the valuation, had not complied with the statutory protest procedures. Kantara received a $2,892.41 refund.