This article explains the situations that can lead to potential tax abuses and how to identify the presence of intangible assets in a public utility and apply the proper methodology to exclude them.
Intangible property tax, Computers - Valuation, Public Utilities, Railroads
This article is based on a presentation given October 30,2006 at the 23rd National Conference of Unit Value States in Charleston, South Carolina.
Friedman, J. P., Diskin, B. A., & Benjet, M. (2006). Unit valuation of utilities: The appropriate classification and appraisal methodology for computer software as an intangible asset. Journal of Property Tax Assessment & Administration, 3(4), 13-22. Retrieved from https://researchexchange.iaao.org/jptaa/vol3/iss4/2