West Tisbury Assessors Lose Tax Challenge
By ALEXIS TONTI
The Massachusetts Court of Appeals this week overturned a decision
by the state Appellate Tax Board and ruled that the Martha's
Vineyard Land Bank is exempt from all taxation, upholding the power
vested in the conservation agency by its enabling legislation.
The case is an appeal of a decision first made by the West Tisbury
board of assessors that ordered the land bank to pay about $700 in taxes
on property bought in fiscal year 2002.
The ruling was issued Wednesday.