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Show uUlUUJLj ' Businesses that took quarterly quarter-ly inventory in 1965 may file an average inventory statement for 1965 this month, on the basis of the average value of the inventory throughout the year, states Lawrence E. Luck, Duchesne County assessor. The tax payer electing to have his inventory assessed on the basis of average value, should get in touch with the county assessor now as this basis is for use only during the first of the year. If the business manager chooses to file inventory records re-cords on this method oo average aver-age value, he must use this method for at least five years. Taxpayers claiming any exemption under Section 59-2-17 to 22(Freeport Statute) may not make an election under Section 59-5-4 (Average Inventory Statute), shall be based on the average of the quarterly inventories taken on April 1, July 1, Oct. 1, 1965, and Jan. 1, 1966, assessor Luck points out. |