Fillable Form Rr 2-1 - Statement To The Department Of Taxation (Page 2 of 2) in pdf

OATH

§ 58.1-2655. Assessment by Department and Commission. - A. The Tax Com-

missioner shall annually assess for local taxation the value of the real and tangible

State of

personal property of each railroad upon the best and most reliable information that

can be procured, and to this end shall be authorized and empowered to send for

S.S.

persons and papers. The Tax Commissioner shall also assess upon the rolling stock

of such railroads the taxes imposed by § 58.1-2652.

B. The Commission shall assess the average value of the rolling stock of each

1, undersigned,

, President,

motor vehicle carrier used in the Commonwealth.

In the case of an interstate carrier, the rolling stock used in the Commonwealth

shall be deemed to be that portion of the total rolling stock, owned or operated on

the public highways of the Commonwealth, multiplied by a fraction wherein the

of the

Company,

numerator is the total vehicle miles traveled by such rolling stock in the Common-

on oath do say that the foregoing return has been prepared under my direction from

wealth and the denominator is the total vehicle miles traveled both within and with-

the original books, papers and records of said company; that I have carefully exam-

out the Commonwealth on such operations as are related to the Commonwealth.

ined the same and declare the same to be a complete and correct statement of the total

C. The Tax Commissioner shall assess, from the best and most reliable informa-

number of miles made by the cars of every car company, car trust, mercantile com-

tion that can be obtained, upon the rolling stock of a freight car company the taxes

pany or corporation or individual, not domiciled within this State, owning any stock

imposed by § 58.1-2652.

cars, furniture cars, fruit cars, refrigerator cars, meat cars, oil cars, tank cars, or other

D. No local property taxes shall be imposed upon the rolling stock of a railroad

similar cars (other than cars of a railroad operating a line of railroad), made by their

or a freight car company.

several cars over this line in Virginia during the year ending December 31st,

(Name)

§ 58.1-2657. Copies of assessments to be furnished to taxpayer and local officials.

The Tax Commissioner shall furnish to the governing body of every county, city

(Title)

or town, to the commissioner of the revenue of every county and city wherein any

property belonging to any railroad is situated and to the president of such railroad,

Subscribed and sworn to before me, this

day of

- -

a certified copy of the assessment of such company's property, which assessment

shall show the type of property, and its value and location. The Tax Commissioner

shall send a copy of the assessment made on each freight car company to the presi-

Notary Public.

dent thereof. A copy of the assessment made by the Commission on a certificated

This report must be filed with the VIRGINIA DEPARTMENT OF TAXATION,

motor vehicle carrier shall be forwarded to the president of such carrier so assessed.

P.O. Box 565, RICHMOND, VIRGINIA 23204 on or before the FIFTEENTH DAY

OF APRIL.

§ 58.1-2652. State tax on rolling stock; date of payment. - A. The state tax on

Tax Laws applicable to taxation of stock cars, furniture cars, fruit cars, refrigerator cars,

the rolling stock of a railroad, a freight car company and a certificated motor vehi-

meat cars, oil cars, tank cars and other similar cars not owned by a railroad company.

cle carrier, doing business in this Commonwealth shall be at the rate of $1 on each

§ 58.1-2653. Annual report of railroads and freight car companies. - A. Every

$100 of the assessed value thereof.

railroad shall report on or before April 15, to the Department, its real and tangible

Rolling stock of a railroad or a freight car company shall include all locomotives,

personal property of every description as of December 31 preceding and the county,

of whatever motive power, autocars, cars of every kind and description, and all

city, town or magisterial district in which it is located. The lien of the Common-

other equipment determined by the Tax Commissioner to constitute rolling stock.

wealth or political subdivision thereof for taxes levied on such property for all pur-

B. Such tax shall be paid by such company into the general fund of the state

poses shall attach to such property on December 31 next preceding.

treasury on or before June 1 of each year, except that collected on certificated

B. Every freight car company shall, on or before April 15, report to the Depart-

motor vehicle carriers which shall be distributed in accordance with the provisions

ment the aggregate number of miles traveled by its cars in the Commonwealth dur-

of § 58.1-2658.

ing the year ending December 31 next preceding and the average number of miles

traveled per day by each class of car as established by the Tax Commissioner. Each

§ 58.1-2611. Penalty for failure to pay tax. - A. Any company or individual fail-

railroad owning a line in the Commonwealth over which cars of a freight car com-

ing to pay the tax levied pursuant to this chapter into the state treasury within the

pany travel shall on its annual report show the total number of miles made by such

time prescribed by law shall incur a penalty thereon of ten percent, which shall be

cars during the year ending December 31 next preceding, the company name and

added to the amount of the tax due.

aggregate number of miles traveled by cars thereof and the average number of miles

B. Notwithstanding the provisions of subsection A, such penalty shall not accrue

traveled per day by each class of cars during the year.

in any case unless the State Corporation Commission or the Department, as the

C. Each report shall be made on forms prescribed and furnished by the Tax Com-

case may be, mails the corporation a certified copy of the assessment on or before

missioner. Such forms may require any information necessary to enable the Depart-

May 15 preceding. In the event such copy is not mailed on or before May 15 preced-

ment to properly ascertain the value of and assess such property.

D. Each report shall be verified by the oath of the president or other proper of-

ing, the penalty for nonpayment in time shall not acrue until the close of the fif-

ficer of such company.

teenth day next following the mailing of such certified copy of the assessment.

Form Rr 2-1 - Statement To The Department Of Taxation Page 2

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