Tax Type
Property Tax
Description
Public Service Corporations; Designation by Court as Real Estate
Topic
Property Subject to Tax
Date Issued
03-26-1971
Public service corporation property held to be real estate by a court decision should be treated as having always been real estate. The twenty-five percent reduction required by §58-514.2 is applicable only to property validly taxed as tangible personal property in 1966.
Attorney General's Opinion