Washington Appeals Board Sets Aside County Board’s Hotel Property Tax Valuation

The Washington Board of Tax Appeals (BTA) set aside the County Board of Equalization’s (County Board) property tax valuations of a Westin hotel in Seattle. The County Board sustained the assessor’s valuation covering three tax years. The taxpayer appealed to the BTA seeking reduced values, while the assessor asked the BTA to sustain the 2021 assessed value and revised values for 2020 and 2022. The BTA concluded that the taxpayer demonstrated the assessor erred in valuing the property and reduced the County Board’s valuation for all three years. The BTA reduced the 2020 valuation by $31.8 million, the 2021 valuation ...