Item: Property buyers may have to disclose prices: Kootenai, Bonner counties say data needed to calculate taxes/Erica F. Curless, Spokesman-Review
More Info: Kootenai and Bonner counties may become the first in Idaho to require property buyers to disclose sale prices since Multiple Listing Services are no longer providing the information. Passing a similar statewide law is a priority for the Idaho Association of County Assessors because it’s the only way to avoid a guessing game and more accurately calculate the fair market value of each parcel in a county.
Question: Should Kootenai and Bonner counties require sale-price disclosures to calculate taxes?
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