10-29 TAXATION OF AIRLINE FLIGHT PROPERTY
TAXATION OF AIRLINE FLIGHT PROPERTY
Definition of terms.
Department to assess flight property.
Annual report required of airline company--Date of filing--Contents.
Additional information in annual report--Blanks furnished.
Extension of time for filing of report.
Valuation by department on failure of company to make report--Notice to company.
Examination of corporate books by secretary--Requiring attendance of witnesses and
production of evidence.
Annual assessment of flight property--Information considered--Addition of omitted
Determination of value of flight property.
Assessment of flight property for certain turboprops and other propeller driven
Apportionment to state of total value of flight property--Ratios used.
Use of other methods of valuation and apportionment on petition by airline company.
Notice to airline company of hearing--Equalization of assessment.
Application of average tax levy to assessed valuation of flight property.
Allocation of tax proceeds to airports.
Certification to county auditors of taxes assessed on flight property--Date of
Reassessment and reapportionment after gross error.
Period allowed for adjustment after reassessment on gross error.
Collection of delinquent taxes.
Airline flight property tax in lieu of use tax.