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Missouri Code of State Regulations — Title 12 (Department of Revenue)

12 CSR 30-2.016

Allocation of Unit Value

Official textsos.mo.govlast amended 37 subsections

PURPOSE: This rule sets forth a precise method for the allocation of the unit value of all originally assessable companies operating in Missouri.

(1) The unit value of the following originally assessable companies operating in Missouri will be allocated to Missouri using the sched-ule of accounts as prescribed on the commis-sions’ Aggregate Statement of Taxable Property in accordance with the factors set forth in this rule:

# (A)

Bridge Companies. The valuation allo-cated to Missouri should be based on the fol-lowing factor:
1. The ratio of linear feet of the bridge and its approaches within the state to the entire length of the bridge and its approach-es;

# (B)

Electric Companies. The valuation allocated to Missouri should be based on the following factors and percentage weights:
1. The ratios of total gross plant in ser-vice, total net plant in service, total operating revenues and net operating income within the state to the aggregate amounts of these factors of the electric company. These factors are assigned the following percentage weights:
Factor Weight

# A.

Gross plant in service 30%;

# B.

Net plant in service 30%;

# C.

Total operating revenues 20%;
and

# D.

Net operating income 20%;

# (C)

Natural Gas Pipeline Companies. The valuation allocated to Missouri should be based on the following factors and percentage weights:
1. The ratios of gross plant in service, net plant in service and miles of pipe (inch equivalent) within the state to the aggregate amount of these factors of the natural gas pipeline company. These factors are assigned the following percentage weights for the 1998 tax year:
Factor Weight

# A.

Gross plant in service 43%;

# B.

Net plant in service 43%;
and

# C.

Miles of pipe (inch equivalent) 14%.
Beginning in the 1999 tax year, the factors will be assigned the following percentage weights:
Factor Weight
A. Gross plant in service 45%;
B. Net plant in service 45%;
and
C. Miles of pipe (inch equivalent) 10%.
12 CSR 30-2—DEPARTMENT OF REVENUE

# (D)

Products and Liquid Pipeline Com-panies. The valuation allocated to Missouri should be based on the following factors and percentage weights:
1. Ratios of gross plant in service and miles of pipe (inch equivalent) and barrel miles within the state to the aggregate amount of these factors of the company. These factors are assigned the following percentage weights for the 1998 tax year:
Factor Weight

# A.

Gross plant in service 60%;

# B.

Miles of pipe (inch equivalent 15%;
and

# C.

Barrel Miles 25%.
Beginning in the 1999 tax year, the factors will be assigned the following percentage weights:
Factor Weight
A. Gross plant in service 60%;
B. Miles of pipe (inch equivalent) 10%;
and
C. Barrel Miles 30%.

# (E)

Railroad Companies. The valuation allocated to Missouri should be based on an arithmetic mean of the following ratios:

# 1.

Ratio of operated mileage (excluding trackage rights) within the state to the total operated mileage of the railroad company;

# 2.

Ratio of locomotive and car miles within the state to the total locomotive and car miles of the railroad company;

# 3.

Ratio of railway operating revenue within the state to the total railway operating revenue of the railroad company;

# 4.

Ratio of ton miles of revenue freight within the state to the total ton miles of rev-enue freight of the railroad company;

# 5.

Ratio of revenue freight tons originat-ing and terminating within the state to the total revenue freight tons originating and ter-minating of the railroad company; and

# 6.

Ratio of undepreciated investment in road within the state to the total amount of undepreciated investment in road of the rail-road company;

# (F)

Terminal Railroad Companies. The value allocated to Missouri should be based on an arithmetic mean of the following ratios:

# 1.

Ratio of operated mileage (excluding trackage rights) within the state to the total operated mileage of the terminal railroad company; and

# 2.

Ratio of undepreciated investment in road within the state to the total amount of undepreciated investment in road of the ter-minal railroad company;

# (G)

Telecommunications Companies. The valuation allocated to Missouri should be based on the following factors and percentage weights:
1. The ratios of gross plant in service, total operating revenues and net operating income within the state to the aggregate amounts of these factors for the telecommu-nications company. The factors are assigned the following percentage weights:
Factor Weight

# A.

Gross plant in service 60%;

# B.

Total operating revenues 20%;
and

# C.

Net operating income 20%.

# (H)

Telephone Companies. The valuation allocated to Missouri should be based on the following factors and percentage weights:
1. The ratios of gross plant in service, total operating revenues and net operating income within the state to the aggregate amount of these factors for the telephone company. These factors are assigned the fol-lowing percentage weights:
Factor Weight

# A.

Gross plant in service 60%;

# B.

Total operating revenues 20%;

# C.

Net operating income 20%.
and

# (I)

Private Car Companies. The valuation allocated to Missouri should be based on the following ratios:

# 1.

Ratio of total mileage within the state to the total mileage of the private car compa-ny;

# 2.

Ratio of total loaded mileage within the state to the total loaded mileage of the pri-vate car company; and

# 3.

Ratio of time spent within the state to the total annual time of the private car com-pany.
AUTHORITY: sections 138.420, 151.030 and 151.060, RSMo 1994.* This rule was previ-ously filed as 12 CSR 30-1.016. Original rule filed Dec. 2, 1986, effective June 11, 1987.
Amended: Filed Sept. 15, 1987, effective
Dec. 31, 1987. Emergency amendment filed
Nov. 14, 1989, effective Dec. 31, 1989, expired Feb. 2, 1990. Amended: Filed Nov.
14, 1989, effective Feb. 25, 1990. Amended:
Filed May 14, 1993, effective Jan. 13, 1994.
Amended: Filed May 13, 1997, effective Nov.
30, 1997.
*Original authority: 138.420, RSMo 1939, amended 1945, 1947, 1986; 151.030, RSMo 1939, amended 1945, 1986; and 151.060, RSMo 1939, amended 1945, 1986, 1989.

Amendment history

AUTHORITY: sections 138.420, 151.030 and 151.060, RSMo 1994.* This rule was previ- ously filed as 12 CSR 30-1.016. Original rule filed Dec. 2, 1986, effective June 11, 1987. Amended: Filed Sept. 15, 1987, effective Dec. 31, 1987. Emergency amendment filed Nov. 14, 1989, effective Dec. 31, 1989, expired Feb. 2, 1990. Amended: Filed Nov. 14, 1989, effective Feb. 25, 1990. Amended: Filed May 14, 1993, effective Jan. 13, 1994. Amended: Filed May 13, 1997, effective Nov. 30, 1997. *Original authority

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In this chapter (40 sections)
  1. 12 CSR 10-2.160 · State Income Tax Deduction Add-Back
  2. 12 CSR 10-2.165 · Net Operating Losses on Corporate Income Tax Returns
  3. 12 CSR 10-2.170 · Wood Energy Credit
  4. 12 CSR 10-2.175 · Agricultural Unemployed Person
  5. 12 CSR 10-2.180 · Public Law 86-272 Immunity
  6. 12 CSR 10-2.190 · Partnership and S Corporation Annual Return Filing…
  7. 12 CSR 10-2.195 · Special Needs Adoption Tax Credit
  8. 12 CSR 10-2.200 · Trucking Companies
  9. 12 CSR 10-2.205 · Railroads
  10. 12 CSR 10-2.210 · Airlines
  11. 12 CSR 10-2.220 · Taxation of Nonresident Members of Professional…
  12. 12 CSR 10-2.225 · Withholding of Tax by Nonresident Professional…
  13. 12 CSR 10-2.226 · Withholding of Tax by Nonresident Professional…
  14. 12 CSR 10-2.230 · Construction Contractors
  15. 12 CSR 10-2.235 · Government Pension Exemption
  16. 12 CSR 10-2.240 · Determination of Timeliness
  17. 12 CSR 10-2.250 · Reciprocal Agreements with Other States for Tax…
  18. 12 CSR 10-2.255 · Allocation and Apportionment for Nonresident…
  19. 12 CSR 10-2.260 · would not apply to each member, then the affiliated…
  20. 12 CSR 10-2.436 · SALT Parity Act Implementation
  21. 12 CSR 10-2.705 · Filing Corporation Tax Returns
  22. 12 CSR 10-2.710 · Net Operating Losses on Individual Income Tax Returns
  23. 12 CSR 10-2.720 · Reporting Requirements for Individual Medical Accounts
  24. 12 CSR 10-2.725 · Foster Parent Tax Deduction
  25. 12 CSR 10-2.730 · Expenses Related to Production of Tax Exempt Interest…
  26. 12 CSR 10-2.740 · Adoption Tax Credit
  27. 12 CSR 30-2.010 · Appeals from the Department of Revenue or State…
  28. 12 CSR 30-2.011 · Completion of Forms by Assessors to be Used in…
  29. 12 CSR 30-2.015 · Utility Property to be Assessed Locally and by the…
  30. 12 CSR 30-2.016 · Allocation of Unit Value
  31. 12 CSR 30-2.017 · De Minimis Levels of Assessed Valuation of Private…
  32. 12 CSR 30-2.018 · Method of Administra- ting the Ad Valorem Taxation of…
  33. 12 CSR 30-2.020 · Original Assessment by State Tax Commission and…
  34. 12 CSR 30-2.021 · Original Assessment by State Tax Commission and…
  35. 12 CSR 30-2.030 · Appeals from the Local Board of Equalization
  36. 12 CSR 30-2.040 · Prehearing Procedures
  37. 12 CSR 30-2.050 · Intervention
  38. 12 CSR 30-2.060 · Discovery
  39. 12 CSR 30-2.065 · Subpoenas
  40. 12 CSR 30-2.070 · Procedure: Motions and Stipulations
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