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Rule Title: INCOME INDICATOR
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Department: REVENUE, DEPARTMENT OF
Chapter: CENTRALLY ASSESSED PROPERTY
Subchapter: Centrally Assessed Companies
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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42.22.114    INCOME INDICATOR

(1) The income indicator may be determined by consideration of one or more of the following methods depending on the department's analysis of the future earning capacity of the company:

(a) capitalization of the company's historic income or average of historic incomes;

(b) capitalization of a projected level of income;

(c) discounted cash flow analysis;

(d) other accepted method.

(2) The capitalization rate utilized will be determined by the band of investment theory or other accepted methodology.

History: 15-23-108, MCA; IMP, 15-23-101, MCA; NEW, Eff. 12/4/76; AMD, 1984 MAR p. 2041, Eff. 12/28/84.


 

 
MAR Notices Effective From Effective To History Notes
12/28/1984 Current History: 15-23-108, MCA; IMP, 15-23-101, MCA; NEW, Eff. 12/4/76; AMD, 1984 MAR p. 2041, Eff. 12/28/84.
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