2013 Arizona Revised Statutes
Title 42 - Taxation
§ 42-13204 Election to use income method of valuation initially

AZ Rev Stat § 42-13204 (through 1st Reg Sess 51st Leg. 2013) What's This?

42-13204. Election to use income method of valuation initially

In lieu of valuation under section 42-13203, the owner of a shopping center may elect to have the valuation of the shopping center determined by the income method commonly known as the straight line building residual method if the owner submits all reasonably necessary income and expense information for the owner's three most recent fiscal years to the county assessor before September 1 of the year immediately preceding the year for which the property will be valued.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.