Section 1: Introduction
1. Auditing
2. Why Audit?
Section 2: Definitions and Reference
1. GLOSSARY OF TERMS
2. QUICK REFERENCE TO TANGIBLE PERSONAL PROPERTY
Section 3: History
Section 4: KY Legal Requirements Legal Basis for Taxation
Section 5: Situs
1. A. Situs of Tangible Property
  1. General Rule
  2. Situs Between States
  3. Situs Between Counties and Between Taxing Districts
  4. Situs in Interstate and Intrastate Commerce
  5. Situs of Leased Property
  6. Legal Basis for Situs
Section 6: Liability & Exemptions
Section 7: Reporting
Section 8: Classification
1. A. General Categories of Tangible Property
2. B. Clarification of Categories
Section 9: Special Problems and Tax Considerations For Tangible Personal Property
Section 10: Is It Real Or Tangible?
1. Real Property vs. Tangible Personal
Section 11 : The Kentucky Tangible Personal Property Assessment System
Section 12: Audit Procedure

Personal Property Tax Manual 2010