La. Admin. Code tit. 61 § V-113
Current through Register Vol. 50, No. 6, June 20, 2024
Section V-113 - Assessments: General InformationA. Assessment Date. Assessments shall be made on the basis of the condition of things existing on the first day of January of each year.B. Domicile. All property subject to taxation, including merchandise or stock in trade, shall be placed upon the assessment lists in the respective parishes or districts where situated. Personal property other than aircraft (§1501.A 4), drilling rigs (§1101 B), leased equipment (§2101 A), watercraft (§701 A), and public service property (R.S. 47:1855) acquires a situs at the domicile of the holder or owner, but tangible personal property used in business operations in any other taxing district Is to be taxed where situated on January 1.La. Admin. Code tit. 61, § V-113
Promulgated by the Department of Revenue and Taxation, Tax Commission, LR 8:102 (February 1982), amended LR 10:921 (November 1984), LR 15:1097 (December 1989), LR 16:1063 (December 1990), amended by the Department of Revenue, Tax Commission, LR 34:677 (April 2008), Amended by the Department of Revenue, Tax Commission, LR 45531 (4/1/2019), Amended LR 481517 (6/1/2022).AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1703(B) and R.S. 47:1952.