3.40.040 Tax situs of personal property.
A. The tax situs of personal property is presumed to be the Kodiak Island Borough if:
1. It is located within the borough on January 1st of the assessment year, and has been located in the borough for more than a temporary period in the year prior to January; or
2. It is normally located within the borough, even though it is outside the borough on January 1st of the assessment year, if it is located outside the borough for only a temporary period of time during the year prior to January 1st of the assessment year; or
3. It is not located in the borough on January 1st, but has been kept or used within the borough for any 60 days during the year preceding the January 1st assessment date; or
4. It normally is returned to the borough between uses elsewhere, and is not located in any one place for more than a temporary period.
B. For purposes of this code, “temporary period” is defined as 60 days. [Ord. FY2015-11 §2, 2015; Ord. FY2014-10 §14, 2014; Ord. FY2011-07 §2, 2010; Ord. 85-12-O §1, 1985; prior code §3.24.015. Formerly §3.40.015].