59-7-314 - Averaging property values for inclusion in property factors. - Utah Statutes

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Statutes > Utah > Title-59 > Chapter-07 > 59-7-314

59-7-314. Averaging property values for inclusion in property factors.
(1) The average value of property shall be determined by averaging the values at thebeginning and ending of the tax period or averaging of monthly values during the tax period ifmonthly averaging more clearly reflects the average value of the taxpayer's property.
(2) The average value of property of an airline is valued as provided in this section,subject to the calculation required by Subsection 59-7-312(2).

Amended by Chapter 283, 2008 General Session

State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-07 > 59-7-314

59-7-314. Averaging property values for inclusion in property factors.
(1) The average value of property shall be determined by averaging the values at thebeginning and ending of the tax period or averaging of monthly values during the tax period ifmonthly averaging more clearly reflects the average value of the taxpayer's property.
(2) The average value of property of an airline is valued as provided in this section,subject to the calculation required by Subsection 59-7-312(2).

Amended by Chapter 283, 2008 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-07 > 59-7-314

59-7-314. Averaging property values for inclusion in property factors.
(1) The average value of property shall be determined by averaging the values at thebeginning and ending of the tax period or averaging of monthly values during the tax period ifmonthly averaging more clearly reflects the average value of the taxpayer's property.
(2) The average value of property of an airline is valued as provided in this section,subject to the calculation required by Subsection 59-7-312(2).

Amended by Chapter 283, 2008 General Session