Leased Property, When Included in the Property Factor, Usually Is

question 114

Short Answer

Leased property, when included in the property factor, usually is valued at ____________________ times its annual rental, even though the taxpayer does not own the asset.
or

---

Definitions:

Cognitive Complexity

An individual's ability to understand and process multiple and detailed aspects of information simultaneously.

Diverse Influences

Various factors or elements from a wide range of sources that affect or shape individuals or systems.

Authoritarian Parenting

A parenting style characterized by high demands and low responsiveness, where parents expect their orders to be obeyed without explanation.

Role Construct Repertory

A psychological tool or test that helps to reveal how a person construes or interprets the significant people in their life, based on the theory of personal constructs.