IDAPA 35.01.03.413 — SPECIAL PROVISIONS FOR PRIVATE RAILCAR FLEETS

Section 63-411, Idaho Code
01.
Definitions.
(7-1-24)
a.
The Idaho miles are the total number of miles traveled in Idaho by all cars in the private railcar fleet
during the calendar year immediately preceding the current tax year.
(7-1-24)
b.
The Idaho market value is that portion of the system value that reflects the value of that part of the
private railcar fleet located in Idaho during all or part of a tax year.
(7-1-24)
c.
The system miles are the total number of miles, both in and out of Idaho, traveled by all cars in the
private railcar fleet during the calendar year immediately preceding the current tax year.
(7-1-24)
d.
The system value is the value of the entire private railcar fleet regardless of the location of its
various components.
(7-1-24)
02.
Railcar Valuation, Allocation and Apportionment. The Tax Commission will appraise the
system value of each private railcar fleet and allocate a portion of the system value to Idaho to obtain the Idaho
market value as set forth below. The Idaho market value will be apportioned to the appropriate counties in Idaho
pursuant to Section 63-411, Idaho Code.
(7-1-24)
03.
Allocation. System value is allocated using the "miles to miles" method of allocation.
(7-1-24)
04.
"Miles to Miles" Method of Allocation. The Tax Commission will divide Idaho miles by system
miles and multiply the quotient by five-tenths (0.5). The product of this calculation will be multiplied by the system
value to determine Idaho market value.
(7-1-24)