Idaho Administrative Code › Title IDAPA 35 - Tax Commission, State › Rule 35.01.03 - PROPERTY TAX ADMINISTRATIVE RULES › Section 35.01.03.313 - ASSESSMENT OF TRANSIENT PERSONAL PROPERTY

Current through August 31, 2023
Sections
				63-213,
				63-313,
				63-602KK, Idaho Code
01.
Definitions
. The following
			 definitions apply for the assessment of transient personal property. (3-31-22)
a. Home County. Home county is identified in
			 Section 63-313, Idaho Code, as the county
			 selected by the owner of any transient personal property as that county where
			 that transient personal property is usually kept. That county selected by the
			 owner will be a county in the state of Idaho. (3-31-22)
b. Periods of Thirty (30) Days or More.
			 Periods of thirty (30) days or more mean increments of no less than thirty (30)
			 consecutive, uninterrupted days, during which any transient personal property
			 is located in any one (1) county. For any period of less than thirty (30) days,
			 the property owner will report the transient personal property as being in the
			 home county. (3-31-22)
c. Prorated
			 Assessment. Prorated assessment means the ratio of the number of days,
			 exceeding twenty-nine (29), to three hundred sixty-five (365) days multiplied
			 by the total market value of the transient personal property. For additional
			 clarification, refer to the following examples. (3-31-22)
i. If located in a second Idaho county (not
			 the home county) for twenty-nine (29) consecutive, uninterrupted days and in
			 the home county for the remainder of the year, the transient personal property
			 should be assessed for the total market value in the home county.
			 (3-31-22)
ii. If located in a
			 second Idaho county (not the home county) for fifty-nine (59) consecutive,
			 uninterrupted days and in the home county for the remainder of the year, the
			 transient personal property should be assessed for fifty-nine/three hundred
			 sixty-five (59/365) of the total market value in the second county and for
			 three hundred six/three hundred sixty-five (306/365) of the total market value
			 in the home county. (3-31-22)
iii.
			 If located in a second Idaho county (not the home county) for thirty-one (31)
			 consecutive, uninterrupted days, in a third Idaho county (not the home county)
			 for fifty-nine (59) consecutive, uninterrupted days, and in the home county for
			 the remainder of the year, the transient personal property should be assessed
			 for thirty-one/three hundred sixty-five (31/365) of the total market value in
			 the second county, fifty-nine/three hundred sixty-five (59/365) of the total
			 market value in the third county, and two hundred seventy-five/three hundred
			 sixty-five (275/365) of the total market value in the home county.
			 (3-31-22)
iv. If located in a
			 second Idaho county (not the home county) for twenty-nine (29) consecutive,
			 uninterrupted days and later in that same county for twenty-nine (29)
			 consecutive, uninterrupted days and in the home county for the remainder of the
			 year, the transient personal property should be assessed for the total market
			 value in the home county. (3-31-22)
v. If located in a second Idaho county (not
			 the home county) for fifty-nine (59) consecutive, uninterrupted days, outside
			 the state of Idaho for any thirty-five (35) days and taxed in the other state,
			 and in the home county for the remainder of the year, the transient personal
			 property should be assessed for fifty-nine/three hundred sixty-five (59/365) of
			 the value in the second county and for two hundred seventy-one/three hundred
			 sixty-five (271/365) of the total market value in the home county. However, if
			 the property in this example that was outside the state of Idaho for
			 thirty-five (35) days was not taxed in the other state, then the time should be
			 counted in the home county, and the property therefore should be assessed for
			 three hundred six/three hundred sixty-five (306/365) of the total market value
			 in the home county. (3-31-22)
d. Transient Personal Property. Transient
			 personal property is defined in Section
			 63-201, Idaho Code.
			 (3-31-22)