W. Va. Code R. § 110-1N-6

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-1N-6 - Valuation of Airplanes

6.1. The Tax Commissioner shall annually, in writing, direct county assessors to use an aircraft appraisal guide published by a nationally recognized authority, which guide shall be purchased by each assessor who has aircraft located in his county.

6.2. The local assessors shall determine the appraised value of special radio equipment and radar and other avionic equipment purchased and installed in the aircraft. The total appraised value of the aircraft shall be determined based on the retail value of both the aircraft and its navigational equipment.