W. Va. Code R. § 110-1K-1
General
1.1. Scope. -- This rule provides the methodology the Tax Commissioner shall use to determine the appraised value of natural resources properties other than coal, oil or natural gas for ad valorem property tax purposes.
1.2. Authority. -- W. Va. Code §§11-1C-5(a) and (d), 11-1C-5a and 11-1C-10(d).
1.3. Filing Date. -- April 6, 1999.
1.4. Effective Date. -- May 1, 1999. This rule applies to tax years beginning on or after January 1, 2000.
1.5. Repeal of former rule. -- This legislative rule repeals and replaces WV 110 C.S.R. 1K, Valuation of Natural Resources Property Other Than Coal, Oil or Natural Gas for Ad Valorem Property Tax Purposes, filed July 26, 1991 and effective July 26, 1991.
Amendment history
5/1/1999
Source: view the official text
Nearby sections (25 sections)
- 110-1I-4 · Valuation Methods
- 110-1J-1 · General
- 110-1J-2 · Introduction
- 110-1J-3 · Definitions
- 110-1J-4 · Methods of Valuation
- 110-1J-5 · Yield Capitalization Model
- 110-1J-6 · Gross proceeds
- 110-1J-7 · Actual Annual Operating Costs
- 110-1J-8 · Default method of valuation
- 110-1J-9 · Annual property returns
- 110-1J-10 · Annual reports of variables
- 110-1J-11 · Confidentiality
- 110-1K-1 · General
- 110-1K-2 · Introduction
- 110-1K-3 · Definitions
- 110-1K-4 · Valuation Methods
- 110-1K-5 · Severability
- 110-1M-1 · General
- 110-1M-2 · Definition
- 110-1M-3 · Situs
- 110-1M-4 · Valuation of Operating Public Utility Property (excluding…
- 110-1M-5 · Valuation of Interstate Commercial Motor Vehicles
- 110-1M-6 · Taxpayer Returns For All Public Utility Property Except…
- 110-1N-1 · General
- 110-1N-2 · Definitions