Taxation of Corporations Volume 1; Report of the Commissioner of Corporations on the System of Taxing Manufacturing, Mercantile, Transportation, and Transmission Corporations in the States (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1909 Excerpt: ...mercantile, and certain business companies. State property tax on railroad, street and electric railway, express, telegraph, and car companies and income tax on other corporations. a The tax commissioner is also ex officio commissioner of corporations. Table F.--States (coveredBy Parts I To V, Inclusive), Wherein Corporations Are Assessed By A Selected Statf Board, Etc.--Continued. Title. How chosen. Kinds of taxes and classes of corporations assessed by state board or official. State gross-earnings tax on railroad, express, car, and telephone companies; state property tax on telegraph companies. General property tax on light, heat, and power companies. The more important classes of corporations are assessed by an ex officio board. General property tax on railroad, express, telegraph, telephone, and sleeping car companies. General property tax on steam, interurban, and street railroad, car, express, and intercounty telegraph, telephone, and pipe line companies; and gross-receipts tax on express companies. General property tax on railway, telegraph, telephone, car, express, power, pipe line, water, street railway, gas lighting, and heating companies. General property tax on intercounty public-service corporations and net proceeds and machinery of mining companies. General property tax on railroad, street railway, traction, car, telegraph, telephone, express, water, light and power, and net proceeds of mines. General property tax on railroad, street railway, telegraph, and cable; state gross-receipts on express and freight car companies. General property tax on railroad, telegraph, telephone, and car companies; proceeds tax on mining companies, and state gross-receipts tax on express companies. Necessity for Publicity. The necessity for giving broad discretion..