La. Admin. Code tit. 61 § V-706

Current through Register Vol. 50, No. 6, June 20, 2024

Section V-706 - Table-Economic Obsolescence

A. Economic Obsolescence for Days Worked

Table 706 Economic Obsolescence for Days Worked
No. of Days Worked	Obsolescence Amount	Manual Adj. Factor
329 and Over	0	1.00
274 to 328	10%	.90
219 to 273	20%	.80
164 to 218	30%	.70
111 to 163	40%	.60
54 to 110	50%	.50
Less than 53	60%	.40
Stacked Current Year	75%	.25
Stacked More Than One Year	90%	.10

La. Admin. Code tit. 61, § V-706

Promulgated by the Office of the Governor, Division of Administration, Tax Commission, LR 44580 (3/1/2018).

AUTHORITY NOTE: Promulgated in accordance with La. Const. of 1974, Article VII, §18 and §21, R.S. 47:1837 and R.S. 47:2323.