2013 Arizona Revised Statutes
Title 42 - Taxation
§ 42-13352 Determining valuation of property of manufacturers, assemblers or fabricators


AZ Rev Stat § 42-13352 (through 1st Reg Sess 51st Leg. 2013) What's This?

42-13352. Determining valuation of property of manufacturers, assemblers or fabricators

A. The county assessor shall determine the valuation of both real and personal property valued under this article.

B. For purposes of determining the valuation of property valued under this article, the county assessor shall use standard appraisal methods and techniques as provided in section 42-11001, paragraph 6 and section 42-11054, except as otherwise provided in this article.

C. The taxable value of personal property is the result of acquisition costs less any appropriate depreciation as prescribed by the department. The taxable value shall not exceed the market value.

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.