AGENCY: Utah State Tax Commission. Property Tax Division

SERIES: 17086
TITLE: Personal property guides and schedule surveys
DATES: 1986-
ARRANGEMENT: Chronological, thereunder alphabetical by property name.

DESCRIPTION: These are personal property valuations, schedules, and tax liability surveys. These surveys are used to compare the original cost of equipment with the sale price for taxation reasons. They are also used by the Tax Commission to set property values, tax liability, and abatements. They contain annual surveys conducted by the Tax Commission requesting businesses to provide information on the sale of used equipment, industry code, real and personal property schedules, and farm income. Information includes dealer name and address, buyer name and address, generic equipment name, sales invoice number and date, place where equipment was shipped to and from, how the purchase was financed, make and model of equipment, number and cost of units purchased, type of equipment used as a trade in, total sales price, and suggested list price or purchase price when new.

The information from these surveys is used to create the Personal property guides and schedules report, 10475.

RETENTION

Retain for 1 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 12/1992

FORMAT MANAGEMENT

Paper: Retain in Office for 1 year and then destroy.

APPRAISAL

Administrative

This disposition is based on the administrative needs expressed by the agency. Previous decision was two years and then destroy.

PRIMARY DESIGNATION

Protected. UCA_63G-2-305(13)_(2008)

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