Department of Revenue
Chapter 150
Division 307
PROPERTY SUBJECT TO TAXATION
150-307-0300
Qualifications for Exemption for Privately Owned Telephone Systems
(1) Qualifying Conditions. Property as part of privately owned telephone systems is qualified for exemption if all the following conditions are satisfied:
(a) Ownership. The property must be owned by a person not engaged in public service operation.
(b) Use. The property is used exclusively in the construction, maintenance and operation of a telephone communication system serving exclusively property owned or operated by such person.
(c) Value. The person’s telephone property has a real market value of not more than $1,500 as determined by the Department of Revenue.
(d) Operation. The person’s telephone communication system operation is conducted without ownership, operation or lease of telephone switchboard exchange facilities, or direct or indirect ownership of stock in any telephone switchboard association, partnership or corporation.
(2) Eligible Property. Property that may qualify for exemption includes all property owned consisting of improvements, fixtures, equipment and supplies, used exclusively in the construction, maintenance and operation of a telephone communication system. Property that may qualify for exemption includes but is not restricted to the examples listed in OAR 150-307-0280.
(3) Ineligible Property. The following types of property which cannot qualify for exemption will be classified and assessed in accordance with provisions of ORS 308.505 to 308.660:
(a) Parcels of land and buildings owned, leased, rented, chartered or otherwise held for or used by a person in a telephone communication system.
(b) Any other property not owned by a person and used or held in a telephone communication system.
(c) Any property owned, leased, rented, chartered or otherwise held by a person and not used in providing telephone communication.
Statutory/Other Authority: ORS 305.100
Statutes/Other Implemented: ORS 307.230
History:
Renumbered from 150-307.230-(B), REV 55-2016, f. 8-13-16, cert. ef. 9-1-16
REV 10-2002, f. & cert. ef. 12-31-02
11-71
3-70
1-66
6-61