Tax & Accounting Blog

Property Tax Changes in Oregon and Montana

Property Tax Changes in Oregon and Montana

Oregon — Exemptions Repealed and Revised A new bill passed in Oregon does the following: Repeals a few rarely-used property tax exemptions, beginning on or after July 1, 2017. Creates regular deadlines for property tax exemption program applications Eradicates the application requirement for property owned by the state or federal government, Indians, or Indian tribe … Read More

Legislative Rule Amended for the Valuation of Commercial and Industrial Property in West Virginia

Legislative Rule Amended for the Valuation of Commercial and Industrial Property in West Virginia

Legislative Rule 110-01P (110-CSR-1P) has been amended, in part, to stipulate that when valuing commercial and industrial furniture & fixtures, machinery & equipment and leasehold improvement, the cost approach may be used due to the availability of data.  Also, when developing depreciation tables, the Marshall Valuation Service will be used.  (Source: L. 2013, Rule 110-01P … Read More