Louisiana Administrative Code › Title 61 - REVENUE AND TAXATION › Part V - Ad Valorem Taxation › Chapter 25 - General Business Assets › Section V-2503 - Tables Ascertaining Economic Lives, Percent Good and Composite Multipliers of Business and Industrial Personal Property

Current through Register Vol. 50, No. 6, June 20, 2024
A. Suggested
				Guideline For Ascertaining Economic Lives of Business and Industrial Personal
				Property. The following alphabetical list includes most of the principal
				activities and types of machinery and equipment used in business throughout
				this state. The years shown represent an estimate of the average economic life
				of the equipment as experienced by the particular business or industry. The
				actual economic life of the assets of the business under appraisal may be more
				or less than the guidelines shown. The assessor must use his best judgment in
				consultation with the property owner in establishing the economic life of the
				property under appraisal.
1. Suggested
				Guidelines for Ascertaining Economic Lives of Business and Industrial Personal
				Property
Table 2503.
A Business Activity/Type of
							 Equipment
Average Economic Life in
							 Years
Agricultural Machinery and Equipment
Feed Mill Equipment (Production Line)
10
20
Air Conditioning and Heat Repair
10
Air Conditioning Single Room Unit
8
Aircraft Parts Mfg. M and E
12
All Terrain Vehicles
10
Aluminum Industry M and E
20
Amusement Devices (Music, Pinball Mach., etc.)
12
VCR and DVD Players
5
Video Games
3
Video Poker Gaming Equipment
5
Inflatable Air Bouncers
5
Amusement and Theme Parks
12
Antenna (ex. Mounted on Towers) for Telephone
							 Cellular and CATV, etc.
8
Apparel Mfg. M and E
20
Auto Parts Retail
10
Auto Quick Service
10
Auto Repair M and E
8
Diagnostic Equipment (Electronic)
5
Small Tools
5
Bakeries
Industrial (i.e., Holsum, Sunbeam Bread)
20
Commercial (i.e., Albertson's, Mom and Pop, etc.)
12
Bank F nd F
12
Bank Safety Deposit Boxes
25
Banks
Alarm Systems
5
Automatic Teller Machines (ATM's)
8
Furniture & Fixtures
12
Safety Deposit Boxes
25
Vault Doors
25
Video Equipment
5
Encoders
10
Barber and Beauty Shops
10
Tanning Beds
10
Billboards, Poster Panels and Bulletin Boards
15
Bleach Mfg. M and E
12
Blueprinting, Photostating, Mimeographing and
							 Lithographing (non-electronic)
10
Boat Molds (fiberglass)
8
Book Bindery
12
Bottling and Soft Drinks Mfg. M and E
20
Bowling Lanes
12
Automatic Pinsetters and Other M and E
10
Brewing and Distilling M and E
20
Butcher Shops
12
C.A.T.V. Equipment
Headend Active (Equipment and Tower)
8
House Drops and Converters
3
P and E (Distribution)
10
Test Equipment and Tools
5
Tower
20
Cabinet Shop M and E
8
Candy and Confections Mfg. M and E
12
Cannery M and E
20
Car Wash (5 min. and coin-op)
10
Cash Registers & Scanners (also see Supermarkets)
5
Cellular/PCS
Antennas
5
Cellular/PCS Telephone Handsets
3
Electronics
5
Leasehold Improvements
15
Power and Batteries
5
Software
3
Switching
5
Towers-Cellular/PCS and Microwave
20
Transmission
5
Cement, Clay and Brick Prods. Mfg. M and E
20
Chemical Industry M and E
15
Chiropractic Equipment
10
Clothing Mfg. M and E
20
Cocktail and Beer Bars
10
Coin-op Machines
10
Cold Storage Warehouse Equipment
12
Compressors (General Business Assets Only)
12
Computers
Desktops
3
Handhelds
3
Laptops
3
Main Frame
5
Midrange
5
Peripherals
3
Personal Computers
3
Servers
5
Concrete Products M and E
20
Construction M and E
Cranes, Crawler
20
General Construction
10
Asphalt Plants
Portable
10
Stationary
12
Land Clearing
Marine Construction
Ships and Vessels
20
Pleasure Craft
12
Mobile Telescopic
8
Road Construction (heavy)
10
Rock Crushing
Portable
10
Stationary
12
Sewer and Utilities
10
Soft Drink Mfg. M and E (Batch)
20
Well Drilling (other than O and G)
10
Controls/Electronics
5
Container Mfg. M and E
20
Converters (Residential Type)
3
Coolers (walk-in)
3
Coolers
Water (Installed/Water Fountain)
10
Water (Portable)
5
Water Bottles (5 gallon)
3
Copy Machines
3
Costumes (rental)
5
Cotton Gins
12
Cranes (crawler)
20
Credit Card Machine (In Store Swipe-Type)
5
Credit Card Machines (See Supermarket POS)
Dairy Processing M and E
20
Day Care
(Exclude Office, Kitchen and Computer Assets)
5
Dental Equipment
12
Department Store Furniture and Equip.
12
Dies and Molds
10
Digital Cameras & Recorders
5
Dispensing Machinery (coin-op)
10
Distilling and Brewing M and E
20
Doctors, Dentists and Professional Equip.
12
Drug Store F and F
12
Dry Cleaning and Laundry M and E
(Except coin-op)
12
(Coin-op)
5
Electrical Generating
Gas and Diesel
10
Steam
25
Electrical Mfg. M and E
15
Electrical Transmission and Distribution
25
Electronic Equipment
5
Electronic Mfg. Equip.
8
Feedmill M and E
12
Fertilizer Applicators
10
Fertilizer Mfg. M and E
8
Fiberglass Molds
8
Fish Processing M and E
20
Fitness Equipment
Feeder Lines
20
OandM Facility
25
Fencing
15
Storage Buildings (portable)
10
Manual
8
Electronic
5
Florist Retail (Except Computers and Other Office
							 Equipment)
8
Flour, Cereal and Grain Milling
20
Food Processing M and E
20
Forklifts
Inside
12
Outside
10
Foundry M amd E
20
Fruit Bins and Cargo Pallets
10
Gaming Equipment
Casino Equipment (see riverboat casinos)
Electronic, Slots or Computers
5
Lotto Machines
3
Mechanical, Slots
10
All Other Gaming Equipment
15
Garage M and E
8
General Contractor M and E
8
Golf Carts
8
Golf Course Equip.
10
Golf Course Tractors
12
GPS Receivers (Hand Held)
3
Greenhouse and Nursery M&E
10
Grocery Store F&F
12
Grocery Store Walk-In Coolers
12
Hardware Store F and F
12
Hatchery M and E
10
Health Spa Equip.
10
Hospital and Nursing Home Equipment
12
High Tech (Computer Driven) Equipment
5
Hotel Fand F
10
Ice Cream Cabinets
10
Ice and Refrigeration M and E
20
Iron and Steel Industry M and E
25
Janitorial Service M and E
10
Jewelry Store F and F and Equip.
12
Key Duplication Equip.
10
Laboratory Equip. (non-electronic)
12
Landscaping M and E
10
Laundry and Dry Cleaning M and E
(Except Coin-op)
12
(Coin-op)
5
Leather Products Mfg. M and E
20
Libraries (professional)
15
Lift Trucks (See Forklift)
Lumber and Wood Products Industry
Logging M and E
10
Panels
25
Log Stackers
10
Pulp, Paper and Paperboard M and E
20
Plywood and Veneer M and E
20
Scarifying M&E
10
Sawmills
Portable
12
Stationary
20
Shake and Shingle Mills
Portable
12
Stationary
20
Machine Shop M and E (Maintenance)
8
Machine Shop M and E (Production)
8
Mailing Machines
10
Meat Packing M and E
12
Meat Processing M&E (complex)
20
Medical Equipment
12
Computer Driven
5
Metal Fabrication and Extrusion Mfg. M and E
20
Metal Sheet Fabrication
8
Mining, Milling and Quarry M and E
10
Mobile Yard Equipment
10
Modular Office Buildings (portable)
15
Mortuary Service Equip.
12
Motel Furniture and Equipment
10
Movie (Film Making)
8
Music Instruments (rental)
8
Music Studio Recording Equipment
5
Music Systems (Background)
5
Neon Signs
10
Newspaper M and E
Press
15
Photographic
10
Other M and E
15
Nursing Home Equipment
12
Mattresses
3
Nursing and Greenhouse M and E
10
Office Computers
5
Office Copy Machines
8
Office Copy Machines, Faxes and Printers
3
Office Electronic Machines
5
Office F and F
12
Office Mailing Machines
10
Office Safes
25
Oilfield Rental Tanks
15
Outdoor Advertising Structures (see Signs)
Oxygen and Acetylene Tanks
25
P.A. Systems
10
Packing and Sorting M and E (fruit, veg., etc.)
12
Paint and Varnish Mfg. M and E
12
Pallets, Crates, Lugs, Bins, etc.
10
Petroleum Products Industry
Bulk Station Equip.
25
Refining M and E
20
Service Station Equip.*
10
Photography Equipment
8
One Hour Photoprocessing Equipment
8
Plastic Extrusion Equipment
12
Plastic Illuminated Signs
10
Plumbing Shop Equipment
8
Plywood and Veneer Mfg. M and E
20
Pollution Control M and E
15
Pool Hall Equipment
125
Poultry Plants M and E
12
Portalets
5
Power and Generation M and E
Gas and Diesel
10
Steam
25
Printing and Publishing Equip. (see Newspaper)
Professional Equipment
Scientific, Doctors, Dentists, etc.
12
Libraries
15
Propane Tanks
25
Pulp and Paper Mfg. M and E
20
Radio and Television
Broadcasting Equipment
8
C.A.T.V. (Cable System)
10
Digital Radio Equipment
5
Recording Equipment
8
Service and Repair Equipment
10
Towers
20
Radio-Telephone Equip.-2-Way
10
Rental Equipment
Public U-Rent (except heavy equipment)
5
Tuxedos
5
Linens
3
Video Tape, DVD and Game Rental
3
Research and Development M and E
3
Restaurants, Soda Fountains and Drive-Ins
10
Retail Stores F and F
12
Riverboat Casinos
Required to cruise
15
Dockside on a permanent basis
20
Rock Crushers (see: construction)
Salt Dome Storage Wells and Caverns (LDNR Class II
							 Type 10, 11-L or 11-N)
30
Sawmills (see: Lumber)
Scaffolding (rental)
10
Search Lights
10
Service Station Equipment*
10
Sewer Construction Equip.
10
Sewing Equipment
12
Sheet Metal Fabrication
8
Shipbuilding (see Construction)
Shoes and Leather Prods. Mfg. M and E
20
Shipyards (see Construction)
Signs
Bulletin Boards
15
Billboards
15
Neon
10
Plastic Illuminated
10
Poster Panels
15
Electronic Three-sided Billboard
10
Small Tools-perishable
5
Smelting M&E
20
Soft Drink Mfg. M and E (batch)
20
Solar Farm
Modules, Panels, and Transformers
30
Racking/Racks
20
Fencing
15
Other Solar Farm Personal Property
5
Storage Buildings (portable)
10
Stores
Retail
12
Wholesale
12
Sugar Cane Refining M and E
20
Supermarkets
Cash Register Scanners
5
PA Systems (Public Address)
5
POS Computer Systems
3
Walk-In Coolers
12
Surveying Equipment (also see Professional Equipment)
8
Tavern and Bar Equipment
10
Telecommunications Equipment (electronic)
8
Fiber Optic Cable (buried)
15
Fiber Optic Cable (exposed)
8
Telephone and Intercom Systems
Electronic
8
Manual (non-electronic)
10
Television and Radio (see Radio)
Textile, Tent and Awning Mfg. M and E
20
Theater
Tracking/Motors
10
Projection Equipment
8
F and F
15
Tire Recapping Equipment
12
Toilets, portable
12
Towers
Cellular
20
Microwave
20
Tuxedo Rental
5
Unlicensed Vehicles
10
Upholstery Equipment
10
VCR and DVD Equipment (If Rental Units, see Rental)
5
Vending Machines
10
Video Games
3
Video Poker Gaming Equipment
5
Warehouse Equipment
12
Water Systems
12
Welding Shop Equipment
12
Wholesale Stores
12
Winery Equipment
12
Woodworking Shops M and E
8
X-Ray Equipment
12
*If acquisition cost and age of service station
							 equipment are not available, see Chapter 9, Table 907.D-4 for alternative
							 assessment procedure.