Utah Admin. Code R884-24P-50 - Apportioning the Utah Proportion of Commercial Aircraft Valuations Pursuant to Utah Code Ann. Section 59-2-201
A. Definitions.
1. "Commercial air carrier" means any air
charter service, air contract service or airline as defined by Section
59-2-102.
2. "Ground time" means the time period
beginning at the time an aircraft lands and ending at the time an aircraft
takes off.
B. The
commission shall apportion to a tax area the assessment of the mobile flight
equipment owned by a commercial air carrier in the proportion that the ground
time in the tax area bears to the total ground time in the state.
C. The provisions of this rule shall be
implemented and become binding on taxpayers beginning with the 1999 calendar
year.
Notes
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