Kan. Stat. § 79-3281
Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental rate received by the taxpayer from sub-rentals.
K.S.A. 79-3281