STATE TAXATION OF RAILROADS AND TAX RELIEF PROGRAMS

This report reviews the major taxes levied on railroads by states and the changes which have been and might be made. Having identified the problems of the rail industry, a series of alternative strategies states could pursue to help revitalize the railroads are discussed. Currently levied by states on railroad corporations are property, capital stock/value, income, sales and use taxes. Tax assistance strategies cover such actions as rate and taxable base reductions, tax credits or rebates, and full or partial tax exemption. Five case studies detail tax relief assistance programs. To gain proper perspective, existing state and federal rail assistance programs are also discussed.

  • Corporate Authors:

    Council of State Governments

    Iron Works Pike
    Lexington, KY  USA  40505

    Economic Development Administration

    Office of Technical Assistance
    Washington, DC  USA  20230
  • Authors:
    • Runke, J F
    • Finder, A E
  • Publication Date: 1977-11

Media Info

  • Features: Appendices; Figures; Tables;
  • Pagination: 107 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00188070
  • Record Type: Publication
  • Source Agency: Council of State Governments
  • Contract Numbers: 99-6-09586
  • Files: TRIS
  • Created Date: Feb 3 1979 12:00AM