IDAPA 35.01.03.417 — PENALTY FOR FAILURE TO MAKE STATEMENT

If a private railcar fleet fails or refuses to file the operator's statement as provided by Section 63-404, Idaho Code, by
April 30 of each year, the Tax Commission will add a penalty. The penalty is fifty percent (50%) of the assessed
value, determined by the Tax Commission, as provided by Section 63-411, Idaho Code. When an emergency exists,
the company may petition the Tax Commission for an extension of time for filing, not to exceed thirty (30) days. For
such petition to be valid it must be submitted in writing to the Tax Commission by April 30 of each year.
(7-1-24)