Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:79-3281
Chapter Title:TAXATION
Article Title:INCOME TAX
Tax Type:Individual Income Tax; Corporate Income Tax; Privilege
Brief Description:Same; property owned or rented, value; net annual rate.
Keywords:


Body:

79-3281. Same; property owned or rented, value; net annual rate. Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental rate received by the taxpayer from sub-rentals.
History: L. 1963, ch. 485, 11; April 25.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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