Per 220.14, and 220.5(A), your motor load calculations should be based on the nominal voltage of 480V (and as Smart$ pointed out, based on the FLA from the table in Art 430.)
See, for instance, Example D2(b) in the Annex, where the load for six 7A, 230V air conditioners is calculated as 6*7A*240V=10.08kVA.
Or, Example D3(a), where the load for a 7.5HP, 460A air compressor is calculated as 11A*480V*1.732=9150VA; and the load for a 1.5HP, 460V grinder is calculated as 3A*480V*1.732=2490VA
(Oddly, the example of air conditioning in D2(b) uses 230V, but that value is excluded because the heat is larger.)