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

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Definitions:

International Water Management Institute

A research organization that focuses on the sustainable use of water and land resources in developing countries to ensure food security and reduce poverty.

Clean Water

Water that is free of pollutants and contaminants, making it safe for human consumption and use.

Outlay

An amount of money spent on something, often related to business or project expenses.

Poverty Rate

The proportion of a population living below the poverty line, measured by income level.