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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 710. Oklahoma Tax Commission |
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Chapter 10. AD Valorem |
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Subchapter 2. Business Personal Property Valuation Schedules |
SECTION 710:10-2-4. Industrial related equipment
Latest version.
- (a) Industrial related equipment. "Industrial related equipment" includes, but is not limited to: air equipment, asphalt distributors and finishers, compaction equipment, cranes, crawlers, loaders, crushing equipment, ditchers (trenchers), excavators (hydraulic and mechanical), forestry equipment, generator sets, motor graders, motor scrapers, pavement millers, pumps, reclaimers/stabilizers, skid steer loaders, sweepers/brooms, tractor (backhoes), tractor (crawlers), tractor (wheel), and wheel loaders.(b) Sources. The sources utilized for valuation of industrial related equipment is the Green Guide, The Hand Book of New and Used Equipment.The Green Guide, published by Equipment Watch, Primedia Business Directories, is a listing of construction and industrial equipment based on equipment dealers' average retail price of new equipment and average sale price of used equipment. This guide is contracted yearly with quarterly updates for the various equipment.