California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 5363
Official textleginfo.legislature.ca.gov
In assessing aircraft, the county assessor shall determine the market value of the aircraft in accordance with standards and guides to the market value of aircraft prescribed by the board. In determining the market value of aircraft the assessor shall not take into account the existence of any custom or common method, if any, in arriving at the market value of any class or classes of aircraft.
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