Arizona Revised Statutes Title 42 — Taxation
A.R.S. § 42-15065
Assessing personal property construction work in progress; definition
42-15065 . Assessing personal property construction work in progress; definition A. The county assessor shall not:
# 1.
Value or assess personal property construction work in progress until the construction work has progressed to a sufficient degree for the personal property to be useful for the purpose for which it is being constructed.
# 2.
Place personal property construction work in progress on the roll unless it is valued by the department as provided by law. B. For purposes of this section, "personal property construction work in progress" means the amount spent and entered on the taxpayer's accounting records as of December 31 of the preceding calendar year as construction work in progress.
Source: view the official text
In this chapter (40 sections)
- 42-15003 · Assessed valuation of class three property
- 42-15004 · Assessed valuation of class four property
- 42-15005 · Assessed valuation of class five property
- 42-15006 · Assessed valuation of class six property
- 42-15007 · Assessed valuation of class seven property
- 42-15008 · Assessed valuation of class eight property
- 42-15009 · Assessed valuation of class nine property
- 42-15010 · Applying assessment percentages
- 42-15051 · Time of assessment
- 42-15052 · Compiling information; property report; examining documents;…
- 42-15053 · Duty to report personal property; exemption; contents of…
- 42-15054 · Listing by assessor on failure to receive report;…
- 42-15055 · Failing to file report; false information; classification;…
- 42-15057 · Information from political subdivisions
- 42-15058 · Assessment of contiguous properties owned by the same person
- 42-15059 · Liability for items of personal property
- 42-15060 · Presumptions of ownership
- 42-15061 · Deduction of liabilities from assessed solvent debts
- 42-15062 · Listing and valuing water ditches and toll roads
- 42-15063 · Assessing livestock; lien
- 42-15065 · Assessing personal property construction work in progress;…
- 42-15066 · Assessing clean rooms as personal property; definition
- 42-15101 · Annual notice of full cash value; amended notice of valuation
- 42-15102 · Notice information entered by assessor
- 42-15103 · Contents of notice form
- 42-15104 · Appeal
- 42-15105 · Supplemental notice and appeal of valuation or…
- 42-15151 · Preparation of county roll
- 42-15152 · Inclusion of all property on the roll
- 42-15153 · Completion and delivery of property lists and assessment…
- 42-15155 · Abstract of assessment roll; contents; distribution
- 42-15156 · Statewide abstract of property on county rolls; distribution
- 42-15157 · Destruction of property after rolls closed; proration of…
- 42-15201 · Definitions
- 42-15202 · Assessment of permanently affixed mobile homes as real…
- 42-15203 · Affidavit of affixture
- 42-15204 · Transition from personal property to real property roll
- 42-15205 · Perfecting liens on permanently affixed mobile homes
- 42-15251 · Definition of remote municipal property
- 42-15252 · Determining assessed valuation of remote municipal property