Tax 6.50(7)(a)2. 2. The consistency of weighting indicators of value from year to year.

Tax 6.50(7)(a)3. 3. Uniformity of assessments within taxpayer classifications.

Tax 6.50(7)(a)4. 4. Buyer’s and seller’s viewpoints.

Tax 6.50(7)(a)5. 5. The reasonableness of the correlated full value market estimate when compared to:

Tax 6.50(7)(a)5.a. a. Actual sales of comparable properties in an arm’s-length transaction between independent parties;

Tax 6.50(7)(a)5.b. b. Rate base;

Tax 6.50(7)(a)5.c. c. Other states’ correlated estimates of full market value of the same company adjusted for differences in state law;

Tax 6.50(7)(a)5.d. d. Net salvage value;

Tax 6.50(7)(a)5.e. e. Additional evidence of full market value submitted by the company or the department;

Tax 6.50(7)(a)5.f. f. Value asserted in prospectus; and

Tax 6.50(7)(a)5.g. g. All other facts obtainable bearing on the value of the property collectively.

Tax 6.50(7)(b) (b) In the case of regulated utilities, a sale is comparable only if there is the sale of an entire operation capable of functioning independently and the parties thereto are subject to regulatory policies similar to those of Wisconsin.

Tax 6.50(8) (8) Requests for documentation. Upon written request the department shall provide to the company copies of its computational worksheets used in determining full market value.

Tax 6.50(9) (9) Correction of errors. Errors which are agreed to be palpable or computational and which are discovered after issuance of the assessment shall be adjusted by the department in the next subsequent assessment year and the department shall provide the company with evidence of such adjustment.

Tax 6.50 Note Note: This section interprets s. 76.07 (5), Stats.

Tax 6.50 History History: Cr. Register, November, 1983, No. 335, eff. 12-1-83; CR 13-037: am. (4) (b) Register February 2014 No. 698, eff. 3-1-14.