The State Tax Commission has adopted a policy statement regarding cable television equipment for Michigan property tax assessment purposes. The State Tax Commission’s position is that inside wiring (aka "house drops") of a cable television company are not reportable on Michigan personal property statements, provided that the company’s subscriber agreements state that this wiring is the property of the subscriber. The commission recognizes that, in accordance with Financial Accounting Standard 51, cable companies are required to capitalize this one-time investment, but in accordance with published Michigan Court of Appeals decisions, this wiring is not assessable to the company if not owned by the company.

State Tax Commission Cable Television Equipment Policy Statement, Michigan Department of Treasury, September 25, 2012

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