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(b) <br /> <br />Public Service Corporations - Unequalized <br />Real Estate: <br /> <br /> The tax on real estate of public service corp- <br />orations'which is assessed'at forty percent (40%) of the fair <br />market value therefor shall be three dollars and twenty-five <br />cents ($3.25) multiplied by the local assessment ratio as <br />most recently determined and published by the Department of <br />Taxation of the Commonwealth of'Virginia on each one hundred <br />dollars ($100.) assessad valuation therefor. <br /> <br />(c) Public Service Corporations <br /> Real Estate: <br /> <br />Equalized <br /> <br /> The tax on real estate of public service corp- <br />orations which is assessed at one. hundred percent (1OO%) of the <br />fair m~rket value therefor shall be one dollar and thirty cents <br />($1.30) ~u!tiplied by the local assessment ratio as most <br />recentt~ determined and published by the Department of Taxation <br />of the Co~n~aonwealth of Virginia on each one hundred dollars <br />($100o) assessed valuation therefor. <br /> <br /> 3. Tangible Personal Property: <br /> <br /> (al ~nere shall be a tax of four dollars ($4.00) <br />for every one hundred dollars ($100.) of the assessed value <br />thereof of all tangible personal property of every kind and <br />description as c~as~la!ed by Sections 58-829~a~ 58-829.2.1 ~ <br />of the Code of Virginia, 1950, as a~ende~, not exempt from <br />taxation, except household goods and personal effects as <br />classified by Section 58-829.1 of the Code of Virginia, 1950, <br />as amended, and including all motor vehicles and ~elivery <br />equipment used in the manufacturing, mining, processing and re- <br />processing, radio or television broadcasting or dairy business, <br />and segregated by law for local taxation exclusively. <br /> <br /> Provided, however, that those articles exempted under <br />Section 58-829.1 of the Code of Virginia, 1950, as amended, <br />shall apply only to such property owned and used by an in- <br />dividual or by a family or household incident to maintaining <br />an abode for such individual, family or household and shall <br />not be construed to extend to such property that is used to <br />furnish an abode for use by others from whom rent or other <br />consideration is received. <br /> <br />(b) Public ServiceCorporations: <br /> <br /> Exclusive of automobiles and trucks which <br />shall be taxed at the rate prescribed in Section 3(a) herein, <br />the tangible personal property of Public Service Corporations <br />shall be taxed at a rate of thre'e dollars ($3.00) for every <br /> <br /> <br />