BOE-570-3

Source: https://www.boe.ca.gov/proptaxes/pdf/sample-570-3.pdf

This page watermarked BOE-570-3 (FRONT) REV. 3 (8-04) sample. AIR CARRIER’S OPERATION REPORT 20 (Aircraft Value Computations) SUPPLEMENTARY SCHEDULE TO THE BUSINESS PROPERTY STATEMENT SHEET OF SHEETS See reverse side for instructions. CARRIER AIRCRAFT TYPE COUNTY AIRPORT LIEN DATE

A B C D E F G H I J K L M N O P
IDENTIFY AIRCRAFT SERIAL MANUFACTURE DELIVERY SALE/ SALE/ COST OF COST OF ENGINE COST ENGINE COST ASSESSOR’S ASSESSOR’S ASSESSOR’S AIRCRAFT MAKE AND MODEL DATE LEASEBACK ACQUISITION LEASEBACK IMPROVEMENTS IMPROVEMENTS OWNED OR NUMBER DATE OF (INCLUDED IN (INCLUDED IN USE USE USE FAA NUMBER TO CURRENT OR COST OR (INCLUDED IN (INCLUDED IN
LEASED AIRCRAFT OWNER ASSIGN. DATE ASSIGN. COST COLUMN H) COLUMN I) COLUMN H) COLUMN I) ONLY ONLY ONLY
SAMPLE

The report subject to audit. Return this form with the Business Property Statement.

This page watermarked sample Boe-570-3 (BAcK) reV. 3 (8-04)

InstructIons for completIng form Boe-570-3

using a separate sheet for each aircraft type as described in california code of regulations, title 18, section 202, list name of carrier, county in which the airport is located, airport name, number of sheets, and the lien date. fill in the columns in the following manner:

column A. Identify ownership or type of lease for each separate aircraft. enter by using the following codes: “o” for owned, “c” for capital leases, “r” for operating leases, “s” for sale/leasebacks, and “B” for cross border transactions.

column B. enter the Aircraft’s federal Aviation Administration (fAA) number.

column c. enter the manufacturer’s aircraft serial number.

column D. enter the make (manufacturer’s name), model number, and letter of each aircraft.

column e. enter the manufacture date of the aircraft.

column f. enter the delivery date of the aircraft to the current owner.

column g. enter the sale/leaseback or assignment date of delivery to the current operator.

column H. enter the taxpayer’s cost for that individual aircraft reported in accordance with generally accepted accounting principles, so long as that produces net acquisition cost. Also include any transportation costs, capitalized interest, and any capital additions or modifications not included in the taxpayer’s cost that are incurred as part of this transaction. Do not include any of these items if they are part of the transaction described in column I.

column I. enter the cost established in a sale/leaseback or assignment of purchase rights transaction for that individual aircraft that transfers the benefits and burdens of ownership to the lessor for united states federal income tax purposes. Also include any transportation costs, capitalized interest, and any capital additions or modifications not included in the taxpayer’s cost that are incurred as part of this transaction. Do not include any of these items if they are part of the transaction described in column H.

column J. segregate the cost of the improvements to aircraft, including transportation costs, capital additions, and modifications included in column H.column K. segregateSAMPLEthe cost of the improvements to aircraft including transportation costs, capital additions, and modifications included in column I.

column l. segregate the engine cost included in column H.

column m. segregate the engine cost included in column I.

column n. (Assessor’s use only)

column o. (Assessor’s use only)

column p. (Assessor’s use only)