According to Section 67-606, Chapter 226, Public Acts 1973 According to Section 67-634, Chapter 226, Public Acta 1973 Phone 615-323-5701 $38,000,000 3,400,000 $41,400,000 .942 $ 389.988. Taxes for 1974 Equipment and Machinery without Installation Total Equipment and Raw Materials Effective Tax Rate for 1974 Interest on Investment for tax purposes Any equipment used in pollution control is not taxable. The industry makes application to the State for exemption on all pollution equipment and a letter is sent to the Assessor of Property's office Page 2 Records for the past six years on the three largest industries in Sullivan County are as follows: Value of Real Estate $118,690,000. @ 40% Assessed Value $ 47,476,000. Total Value of Plant and Equipment $339,990,000. Value Real Estate 1971 Assessed Value $ 41,307,480. Value of Per. Prop. 220,848,950.@ 35% Assessed Value 77,301,000. Total Value of Plant and Equipment $338,864,420. 1970 Value of Real Estate $115,382,860. @ 30% Assessed Value $ 34,618,320. Total Value of Plant and Equipment $335,159,530. 1969 Value of Real Estate $114,516,920. @ 25% Assessed Value $ 28,629,230. Plant No. 2 Value of Real Estate $ 6,125,000 @ 40% Total Value of Plant and Equipment $ 30,390,600. Assessed Value $ 2,425,000. |