La. Admin. Code tit. 61 § V-705

Current through Register Vol. 50, No. 6, June 20, 2024
Section V-705 - Tables-Vessels
A. Vessels-Crew-OSV/Supply-Utility
1. Table 705.A.1

Table 705.A.1

Vessels-Crew-OSV/Supply-Utility

Cost Index Average

Average Economic Life 20 Years

Year

Index

Effective Age

Percent Good

Composite Multiplier

2023

0.994

1

97

.96

2022

1.012

2

93

.94

2021

1.189

3

90

1.07

2020

1.292

4

86

1.11

2019

1.299

5

82

1.07

2018

1.346

6

78

1.05

2017

1.392

7

74

1.03

2016

1.420

8

70

.99

2015

1.408

9

65

.92

2014

1.421

10

60

.85

2013

1.440

11

55

.79

2012

1.452

12

50

.73

2011

1.493

13

45

.67

2010

1.540

14

40

.62

2009

1.528

15

35

.53

2008

1.572

16

31

.49

2007

1.634

17

27

.44

2006

1.723

18

24

.41

2005

1.803

19

22

.40

2004

1.939

20

21

.41

2003

2.006

21

20

.40

2. Table 705.A.2

Table 705.A.2

Vessels-Crew-OSV/Supply-Utility

Vessel Type/Size

Base Cost

Day Rate

2023 - 2020

2019 - 2016

2015 - 2012

2011 - 2008

2007 - 2004

2003 and Earlier

Physical Depreciation

0.915

0.76

0.575

0.375

0.23

0.20

Crew

60'-70'

$2,100,000

2200

$1,921,500

$1,596,000

$1,207,500

$787,500

$483,000

$420,000

71'-99'

$2,200,000

2500

$2,013,000

$1,672,000

$1,265,000

$825,000

$506,000

$440,000

100'-119'

$3,200,000

2800

$2,928,000

$2,432,000

$1,840,000

$1,200,000

$736,000

$640,000

120'140'

$3,800,000

3200

$3,477,000

$2,888,000

$2,185,000

$1,425,000

$874,000

$760,000

141'-165'

$4,200,000

3600

$3,843,000

$3,192,000

$2,415,000

$1,575,000

$966,000

$840,000

165'+

$7,000,000

4200

$6,405,000

$5,320,000

$4,025,000

$2,625,000

$1,610,000

$1,400,000

OSV/Supply

110'-139'

$2,900,000

2000

$2,653,500

$2,204,000

$1,667,500

$1,087,500

$667,000

$580,000

140'-159'

$3,600,000

2750

$3,294,000

$2,736,000

$2,070,000

$1,350,000

$828,000

$720,000

160'-179'

$4,300,000

4000

$3,934,500

$3,268,000

$2,472,500

$1,612,500

$989,000

$860,000

180'-199'

$4,900,000

5000

$4,483,500

$3,724,000

$2,817,500

$1,837,500

$1,127,000

$980,000

200'-219'

$6,500,000

6000

$5,947,500

$4,940,000

$3,737,500

$2,437,500

$1,495,000

$1,300,000

220'-230'

$7,500,000

6250

$6,862,500

$5,700,000

$4,312,500

$2,812,500

$1,725,000

$1,500,000

231'-279'

$8,500,000

6500

$7,777,500

$6,460,000

$4,887,500

$3,187,500

$1,955,000

$1,700,000

280'-299'

$12,200,000

10000

$11,163,000

$9,272,000

$7,015,000

$4,575,000

$2,806,000

$2,440,000

300'-319'

$18,000,000

12000

$16,470,000

$13,680,000

$10,350,000

$6,750,000

$4,140,000

$3,600,000

320' +

$22,000,000

14000

$20,130,000

$16,720,000

$12,650,000

$8,250,000

$5,060,000

$4,400,000

Utility

119' & Below

$1,137,000

3000

$1,040,355

$864,120

$653,775

$426,375

$261,510

$227,400

120'-139'

$1,606,000

3250

$1,469,490

$1,220,560

$923,450

$602,250

$369,380

$321,200

140'-165'

$3,078,000

3500

$2,816,370

$2,339,280

$1,769,850

$1,154,250

$707,940

$615,600

165' +

$3,500,000

4000

$3,202,500

$2,660,000

$2,012,500

$1,312,500

$805,000

$700,000

La. Admin. Code tit. 61, § V-705

Promulgated by the Department of Revenue, Tax Commission, LR 33:490 (March 2007), amended LR 35:493 (March 2009), Amended LR 47465 (4/1/2021), Amended LR 491045 (6/1/2023), Amended LR 50, exp. 4/30/2024(Emergency), Amended LR 50372 (3/1/2024).
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1837 and R.S. 47:2323.