US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 6
                           EXEMPTIONS FROM TAXATION
    63-602S.  PROPERTY EXEMPT FROM TAXATION -- FRUITS AND VEGETABLES HELD FOR
HUMAN CONSUMPTION, AND SEEDS, SHIPPED OUT OF THE STATE. (1) Any person, firm
or corporation engaged in the storing or processing of fruits or vegetables
held for human consumption or shipment of seeds out of the state must file a
full declaration of such property as of the assessment date with the county
assessor. On any assessment made on fruits and vegetables held for sale for
human consumption, or any processed product, thereof, or seeds, in the hands
of farmers, producers, or of a processor, or while being transported to or
held in storage in a public or private warehouse structure, the board of
equalization of the county in which the assessment was made, at its meeting on
the first Monday of December as provided by law for equalizing the assessments
of personal property on the subsequent personal property assessment roll,
shall cancel such assessments in whole or proportionate part on receipt of
sufficient documentary proof that the personal property so assessed was
actually sold and transported or shipped to another point outside the state of
Idaho on or before December 1 of the current year of assessment. No such
cancellation shall be made unless such proof be furnished to said board on or
before such meeting in such year.
    (2)  Public warehousing is the storing of personal property by any person,
firm or corporation regularly engaged in the business of storing such property
for hire.
    (3)  Private warehousing is the storage of personal property by any
person, firm or corporation which is carrying on the activity of warehousing
or storing such property only in the operation of his or its own business.
    (4)  This exemption shall only apply to private storage from and after a
notice, describing by address and physical premises, is filed with the county
assessor, which notice shall be filed annually.