2008
Valuation Schedules
Class
25 – Aircraft Parts Manufacturing Tools and Dies
Examples of
Class 25 Property Include:
| Aircraft
Parts Manufacturing Jigs and Dies |
Aircraft
Parts Manufacturing Taps & Gages |
| Aircraft
Parts Molds |
Aircraft
Parts Manufacturing Fixtures |
| Aircraft
Component Patterns |
Aircraft
Parts Manufacturing Test Equipment |
The
following schedule is recommended for valuing Class 25 property
in the 2008 assessment year:
|
Year of Acquisition |
Percent Good of Acquisition Cost |
| 2007 |
86% |
| 2006 |
73% |
| 2005 |
58% |
| 2004 |
42% |
| 2003 |
22% |
| 2002 and
prior |
4% |
Class 25, Aircraft
Parts Manufacturing Tools and Dies, is defined As:
Equipment
and fixtures used to manufacture aircraft parts and components.
Equipment
which could be used for other purposes do not qualify for Class
25.
Property
in this class is generally subject to rapid physical, functional
and economic obsolescence due to rapid technological and economic
shifts in the aircraft parts manufacturing industry.
|
