43-1142. Average value of property
48 words·~1 min read·
/az/title-43/43-1142A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The average value of property shall be determined by averaging the values at the beginning and ending of the tax period, but the department may require the averaging of monthly values during the tax period if reasonably required to reflect properly the average value of the taxpayer's property.