Don't Mess With Taxes 2006
Don't Mess With Taxes 2006
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In our eReader you can find the full English version of the book. Read Don't Mess With Taxes 2006 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Don't Mess With Taxes 2006
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Louisiana statute requires the Tax Commission to use the market approach, income approach, and cost approach, giving the appropriate weight to each approach, to determine fair market value of these properties (RS 47:1853).
23 Ken Thompson, Valuation Division, California Board of Equalization, telephone conversation, February 2,2006.
30 Pipeline companies that are regulated by FERC, the Interstate Commerce Commission, or the Louisiana Public Service Commission are centrally assessed by the Tax C...ommission. Regulated and other subsidiaries of parent companies are valued separately from the parent company.
Oil and natural gas production property, including flow lines and gathering lines (even if they cross parish lines), are valued locally. Local assessors use replacement cost schedules to value intrastate pipelines. Lower quality "lease lines" are valued on a different schedule than higher quality "other pipelines", which include larger gathering lines and transmission lines. 24 Article VII, section 18(B), of the Louisiana Constitution provides for the classification of property subject to taxation and the percentage of fair market value for determining the assessed valuation of the property: ■ land is assessed at 1 0% of fair market value; ■ residential improvements are assessed at 1 0% of fair market value; ■ electric cooperatives, excluding land, are assessed at 1 5% of fair market value; ■ public service properties, excluding land, are assessed at 25% of fair market value; ■ other property is assessed at 1 5% of fair market value.
What to read after Don't Mess With Taxes 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislative Services Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Louisiana statute requires the Tax Commission to use the market approach, income approach, and cost approach, giving the appropriate weight to each approach, to determine fair market value of these properties (RS 47:1853).
23 Ken Thompson, Valuation Division, California Board of Equalization, telephone conversation, February 2,2006.
30 Pipeline companies that are regulated by FERC, the Interstate Commerce Commission, or the Louisiana Public Service Commission are centrally assessed by the Tax C...ommission. Regulated and other subsidiaries of parent companies are valued separately from the parent company.
Oil and natural gas production property, including flow lines and gathering lines (even if they cross parish lines), are valued locally. Local assessors use replacement cost schedules to value intrastate pipelines. Lower quality "lease lines" are valued on a different schedule than higher quality "other pipelines", which include larger gathering lines and transmission lines. 24 Article VII, section 18(B), of the Louisiana Constitution provides for the classification of property subject to taxation and the percentage of fair market value for determining the assessed valuation of the property: ■ land is assessed at 1 0% of fair market value; ■ residential improvements are assessed at 1 0% of fair market value; ■ electric cooperatives, excluding land, are assessed at 1 5% of fair market value; ■ public service properties, excluding land, are assessed at 25% of fair market value; ■ other property is assessed at 1 5% of fair market value.
What to read after Don't Mess With Taxes 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislative Services Division to read onlineMoreLess
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