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Freight Mobility Strategic Investment Board March 15, 2019 9:00 AM to 1:15 PM Port of Kalama Commission Room 110 W Marine Drive Kalama, WAAGENDA9:00 AMWelcome/IntroductionsDan Gatchet Eric Yakovich,
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Business amp properties refer to the report or documentation that businesses are required to submit, detailing their tangible and intangible assets, including property, equipment, and other business-related properties.
Businesses that own property or assets typically valued at a certain threshold are required to file business amp properties, including corporations, partnerships, and sole proprietorships operating within taxable jurisdictions.
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The purpose of business amp properties is to assess the value of a business’s assets for taxation purposes, ensuring that businesses pay their due taxes based on ownership and value of property.
Information that must be reported includes a list of all business assets, their purchase dates, original cost, current market value, and any relevant property descriptions that support the valuation.
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