Request For Computation of In Lieu Tax Payment

# (1)

(1) The request for computation of payment in lieu of tax is an annual request.

# (2)

(2) To receive the in lieu tax computation in any year the taxpayer must:

(a) Have a possessory interest in the property;

(b) File a request using the Department of Revenue prescribed form;

(c) File the request form with the assessor in the county where the property is located;

(d) File the request form in the time prescribed by law;

(e) Provide a true copy of the lease or agreement that establishes the possessory interest; and

(f) Provide any other information the assessor deems necessary to complete the computation.