Oregon Administrative Rules
Chapter 150 - DEPARTMENT OF REVENUE
Division 308 - ASSESSMENT OF PROPERTY FOR TAXATION
Section 150-308-0580 - Allocation of Mobile Aircraft Property Value
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The percent of the unit value of the mobile aircraft property of air transportation and air express companies assessed by the department pursuant to ORS 308.515 allocated to Oregon shall be determined by the following formula: [Formula not included. See ED. NOTE.]
(2) Definitions:
(3) If, for a particular company, reliable data for all three factors in the formula are not available, the department shall determine the factors, for which the company provided inadequate data according to the best of its information and belief.
Formula referenced is not included in rule text. Click here for PDF copy of formula.
Stat. Auth.: ORS 305.100
Stats. Implemented: ORS 308.550