When can construction in progress be excluded from the determination of real and tangible property on Schedule G for franchise tax purposes?

Construction in progress is not included in Schedule G if the property is not being used by the taxpayer in whole or in part. If a company is expanding and building additional facilities, this property is not included until it is used by the taxpayer. However, if a company builds houses for others, the property must be included in Schedule G. In that case, the company shows this property on its balance sheet as inventory.