Rule 42.20.514 - DETERMINATION OF TOTAL TAXABLE VALUE OF ELIMINATED PROPERTY(1) The total taxable value of eliminated property is determined by compiling the actual total value of properties that have been eliminated from a particular taxing jurisdiction. In cases where the actual values have not been compiled, the department will use a statewide average rate of 0.12% (.0012) to multiply by the previous year total taxable value in the taxing jurisdiction, to calculate an estimated value of eliminated property.Mont. Admin. r. 42.20.514
NEW, 1999 MAR p. 2905, Eff. 12/17/99.15-1-201, 15-7-111, MCA; IMP, 15-10-420, MCA;