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How does the county arrive at the assessed value of business personal property?

April 26, 2017arrive assessed Business County Property value

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How does the county arrive at the assessed value of business personal property?

1 Answer

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10 Posted

The total original cost (which is all costs incidental to acquiring and placing an asset in use, such as freight, installation, sales tax, etc.) is multiplied by the appropriate depreciation factor. To request a copy of the depreciation schedule please call (804) 501-4310.