Vermont DOT Revises Publication on Property Valuation, Compliance Requirements

The Vermont Department of Taxes (DOT) Nov.1 published a document detailing the valuation of tax-exempt properties and the compliance requirements for property owners and municipal assessors under Vermont law. The document outlines the duty of the property owner and the assessing official, the calculation of Use Value, the reporting requirements for different types of properties, and the forms to be used for reporting. [Vt. Dep’t of Taxes, Vermont Publication FS-1061, 11/01/24]

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