Section 125-210-.03 - Valuation MRS will determine the just value of all property owned or leased by a telecommunications business that is subject to the telecommunications excise tax. In determining just value, MRS will consider the three standard approaches to property valuation-the cost approach, the market approach, and the income approach-as appropriate.
In determining just value, MRS will apply the following considerations:
A. Fluctuations in the number of customers a telecommunications business has will not necessarily affect the value of that business taxable property. B. Value is determined by the overall market, not individual persons operating within that market.C. A telecommunications business must identify the municipality or municipalities in which its qualified telecommunications equipment is located. Where distribution facilities are located in multiple municipalities, their value may be apportioned among municipalities based on the length of lines or cables within each municipality, or based on the percentage of the just value of distribution facilities located within a particular municipality. A telecommunications business may use a different method for apportioning its qualified telecommunications equipment with the approval of MRS. 18-125 C.M.R. ch. 210, § .03