Kansas Administrative Regulations

Regulation Number:93-8-3
Agency Title: KANSAS DEPARTMENT OF REVENUE -- DIVISION OF PROPERTY VALUATION
Article Title: Telecommunications Machinery and Equipment and Railroad Machinery and Equipment Exemption
Tax Type:Property Tax
Brief Description:Possession and use presumption.
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93-8-3. Possession and use presumption. If telecommunications machinery and equipment or railroad machinery and equipment were physically transferred by a lease agreement to a taxpayer before July 1, 2006, the presumption shall be that the right to use the machinery and equipment was transferred to the taxpayer before July 1, 2006. This presumption may be rebutted by clear and convincing evidence that the right to use the machinery and equipment was passed to the taxpayer after June 30, 2006. (Authorized by and implementing L. 2006, Ch. 205, 3; effective Jan. 19, 2007).