IDAPA 35.01.01.475 — PROPERTY FACTOR: NUMERATOR (RULE 475)

Section 63-3027(16)(a), Idaho Code
01.
In General. The numerator of the property factor is to include the average value of the real and
IDAHO ADMINISTRATIVE CODE
IDAPA 35.01.01
Idaho State Tax Commission
Income Tax Administrative Rules
Section 480
Page 65
tangible personal property owned or rented by the taxpayer and used in Idaho during the taxable year in the regular
course of the taxpayer's trade or business.
(4-6-23)
02.
Property in Transit. Property of the taxpayer that is in transit between locations is to be
considered to be at the destination for purposes of the property factor. If property in transit between a buyer and seller
is included by a taxpayer in the denominator of its property factor, it is to be included in the numerator according to
the state of destination.
(4-6-23)
03.
Mobile or Movable Property.
(4-6-23)
a.
The value of mobile or movable property such as construction equipment, trucks, or leased
electronic equipment located within and without Idaho during the taxable year will be determined on the basis of total
time and use in Idaho as a percentage of total time and use everywhere.
(4-6-23)
b.
An automobile assigned to a traveling employee is to be included in the numerator of the state to
which the employee's compensation is assigned for the payroll factor or in the numerator of the state in which the
automobile is licensed.
(4-6-23)
c.
The value of aircraft used within and without Idaho during the taxable year will be determined by
multiplying the value of the aircraft by the ratio of departures from locations in Idaho to total departures.
(4-6-23)