Which, if any, of the following statements reflects the correct tax valuation rules?
A) Amounts listed in the classified section of the newspaper are not representative of the value of tangible personalty.
B) The value of a note receivable is its face amount.
C) Sentimental value should not be considered.
D) The geographical location of the property is not relevant.
E) None of the above.
Correct Answer:
Verified
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