Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 710. Oklahoma Tax Commission |
Chapter 10. AD Valorem |
Subchapter 2. Business Personal Property Valuation Schedules |
SECTION 710:10-2-6. Other equipment
Latest version.
- (a) Miscellaneous equipment. "Miscellaneous equipment" means, but is not limited to, coin changers, food merchandisers, game machines, golf cars, industrial motors, organs, phonographs, pianos, and vending machines.(b) Sources. The Division utilizes a national valuation service to provide tables of values for personal property, depreciation schedules, and trending tables for historical cost of the various industries. The current service prescribed by the Division is the Marshall and Swift Valuation Service. This service is contracted yearly and updated on a monthly basis.