Valuation of machinery and equipment, Valuation of personal property, Depreciation, Replacement cost approach to value
An investigation of the conditions of sale and physical inspection of assets are two means of ensuring an accurate estimate of market value. Cost allocation in corporate acquisitions presents special problems that are treated in this article.
Martin, Lyman A.
"Stepped-up machinery and equipment cost: Appropriate cost basis for ad valorem tax purposes?,"
Assessment Journal: Vol. 1
, Article 1.
Available at: https://researchexchange.iaao.org/assessment_journal/vol1/iss6/1