US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 35
                     COOPERATIVE ELECTRICAL ASSOCIATIONS
                           -- TAXING GROSS EARNINGS
    63-3503.  FILING OPERATORS' STATEMENT -- ALLOTMENT AND APPORTIONMENT OF
TAX DUE FROM ELECTRICAL ASSOCIATIONS BY STATE TAX COMMISSION. Every
cooperative electrical association in this state shall file with the state tax
commission of the state of Idaho the operators' statement provided for in
section 63-404, Idaho Code, and shall include thereon a statement of the
amount of its gross earnings for the calendar year next preceding. Upon
examining and verifying said statement the state tax commission shall compute
the amount of the tax measured by the gross earnings and shall allot to each
county in which the operating property of such association is situate that
proportion of the total tax of such association shown to be due as the number
of wire miles of transmission and distribution lines of such association
situate in such county bears to the total wire miles of transmission and
distribution lines of such association. The state tax commission shall then,
for each county, apportion the tax so allotted to the county among the several
taxing units thereof within which any operating property of such association
is situate, by apportioning to each such taxing unit that proportion of the
tax so allotted to the county as the weighted wire mileage factor for each
such taxing unit bears to the total of the weighted wire mileage factors of
all such taxing units in the county, and shall immediately notify the state
superintendent of public instruction and the county treasurer of such
allotment and apportionment and the amounts thereof.