Zachary T. Atkins and Caroline Koo on Tesoro Logistics Northwest Pipeline LLC v. Department of Revenue, the Oregon Tax Court, Regular Section, held that although a unit of property acquired by a single centrally assessed firm from the other qualified as”new property” for purposes of . Const. Art. XI, § 11 (“Measure 50”), the unit of house’s present maximum assessed value (“MAV”) was kept in the hands of the owner. Tesoro Logistics Nw. Pipeline LLC v. Dep’t of Revenue, No. TC 5252, 2021 WL 6700471 (Or. Tax Ct., Reg. Div., Feb. 19, 2021). Consequently, the Oregon Department of Revenue was not entitled to redetermine that the MAV due to their acquisition. Keep on reading about the SeeSALT website.