15-23-201. Renumbered 15-23-204
15-23-201. Renumbered 15-23-204. Sec. 5(2)(a), Ch. 531, L. 1999.
15-23-202. Renumbered 15-23-205
15-23-202. Renumbered 15-23-205. Sec. 5(2)(b), Ch. 531, L. 1999.
15-23-203. Definitions relating to taxes
15-23-203. Definitions relating to taxes. As used in this part, unless the context requires otherwise, the following definitions apply: (1) (a) ”Base value” means, except as provided in subsection (1)(b), the system value of railroad transportation property of a railroad in the preceding tax year. (b) For tax year 1999, base value means the system value of railroad transportation […]
15-23-204. Assessment of railroads
15-23-204. Assessment of railroads. The president, secretary, or managing agent or such other officer as the department of revenue may designate of any corporation and each person or association of persons owning or operating any railroad in more than one county in this state or more than one state must on or before April 15 each […]
15-23-205. Assessment — how made
15-23-205. Assessment — how made. (1) The department shall assess the railroad transportation property of all railroads operated in more than one county or more than one state as provided in this section. Assessment must be made to the person owning or leasing or using the property and must be made upon the entire railroad within […]
15-23-206. through 15-23-210 reserved
15-23-206 through 15-23-210 reserved.
15-23-211. Definitions
15-23-211. Definitions. As used in 15-23-211 through 15-23-216, unless the context requires otherwise, the following definitions apply: (1) ”Average levy” means the average statewide rate of taxation on commercial and industrial property. (2) ”Person” includes an individual, firm, association, company, partnership, corporation, joint-stock company, agency, syndicate, or cooperative. (3) ”Private railroad cars” means all railroad cars that: (a) are not […]
15-23-212. Annual report
15-23-212. Annual report. Each railroad car company shall, annually and within the time requirements of 15-23-103(3) and (4), file with the department of revenue a report, signed and sworn to by one of its designated officers, that provides the following information as of the preceding December 31: (1) the name and nature of the business of the […]
15-23-213. Assessment — allocation — taxable value
15-23-213. Assessment — allocation — taxable value. (1) The department of revenue shall assess the property in the name of the railroad car company owning the property unless the property is reported by another person leasing or operating the property. (2) The allocation of property to this state must be made on the basis of the car […]
15-23-214. Determination of tax — payment — penalty and interest
15-23-214. Determination of tax — payment — penalty and interest. (1) Subject to 15-10-420 and on or before the third Monday in October, the department shall compute the tax on railroad car company property by multiplying the taxable value of the property by the average levy. (2) After determining the tax, the department shall send to the […]
15-23-215. Deposit of taxes
15-23-215. Deposit of taxes. All taxes, penalties, and interest collected by the department of revenue under 15-23-211 through 15-23-216 must be deposited in the general fund. History: En. Sec. 11, Ch. 10, Sp. L. July 1992.
15-23-216. Lien — collection actions
15-23-216. Lien — collection actions. (1) A tax due under 15-23-211 through 15-23-216 is a lien on all real and personal property of the railroad car company to the same extent as are other taxes under 15-16-401 and 15-16-402. (2) The department may at any time after the taxes are delinquent use the following collection actions: (a) seizure […]