Section 10.25.580. Inventory and fixtures subject to taxation.

Latest version.

The inventory and fixtures of a business operated by a cooperative incidental to the furnishing of central station electric service, including, without limitation, appliance stores or departments, are not exempt from ad valorem taxes. The inventory and accounts of these businesses shall be separately maintained and taxes shall be paid upon them as provided by law.

Notes

History

(Sec. 33 ch 93 SLA 1959)

                    
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