§ 5.12.175. Personal property tax—Business inventory held for resale exempt.

Latest version.

In addition to exemptions presently authorized by the Kenai Peninsula Borough, the inventory of a business held for resale in the normal course of that business is classified as personal property exempt from taxation by the Kenai Peninsula Borough.

(Ord. No. 76-20, § 1, 1976)

                    
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