PROJECTBUDGET PLANNING

Long life property valuation update

Utah State Tax Commission
Detected
Aug 3, 2026
93 days ago
Sector
Administration & Finance
Detected 93 days agoAug 3

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From the meeting

The draft rule updated the 2027 percent good schedule for long life property, including billboards, radio towers, ski lift and tram towers, underground fiber optic cable, solar panels and supporting equipment, and pipe laid in or affixed to land. Because the rule becomes binding on taxpayers starting January 1, 2027, it affects asset valuation and tax modeling for owners of long-lived infrastructure. This is relevant to valuation software and infrastructure asset management vendors.

Meeting date
August 3, 2026
Agency
Utah State Tax Commission

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