Public Utilities Annual Report Telecommunications Companies Template 2006 (Page 23 of 24) in pdf

Public Utilities Annual Report Telecommunications Companies Template 2006 Page 23

INTANGIBLE PERSONAL PROPERTY

Under rules effective for 2007, intangible personal property must be separately identified and valued in order to be considered

for exemption. We will consider the information provided on this page when determining the value of the taxable property. In

addition to the data below, you may provide data about income, expenses, and capitalization rates associated with intangible

personal property. Please provide this data in a separate document that includes a clear explanation of the data so that we

may consider it when appraising the property.

Note: Goodwill accounts may contain exempt intangible personal property that may be considered exempt if

identified and valued. "Goodwill,” of itself, is not a statutorily identified item of exempt personal property. In

order to be exempt, it must be separately identified and valued, as stated in subsection (3) of WAC 458-50-160.

Software is not considered intangible under Washington law and should be reported on pages 14 and 15.

Consult WAC 458-50-160 for guidance regarding exempt intangible personal property.

Find the full text of the rules at the following web site:

INTANGIBLE PERSONAL PROPERTY LISTING

(provide Asset Description and all other data available)

Taxpayer's Estimate of Fair

Asset Description

Cost

Age

Life

Net Cost

Market Value*

Total

0 #DIV/0! #DIV/0!

*Provide documentation or support for market value estimates.

REV 65 0029e (12/19/06)

Page 22

Public Utilities Annual Report Telecommunications Companies Template 2006 Page 23