Free 46373ig.FH11 - Indiana

REPORT OF RAILCAR TAX
State Form 46373 (R15 / 12-08) / DLGF RC-1

DEPARTMENT OF LOCAL GOVERNMENT FINANCE UTILITY SPECIALIST 100 N. Senate Avenue - Room N1058 Indianapolis, IN 46204 (317) 232-3756 www.IN.gov/dlgf/

FOR TAX BOARD USE ONLY

PRIVACY NOTICE: The records in this series are confidential according to I.C. 6-1.1-35-9.

Please read the enclosed instructions carefully before completing the worksheets.
Identify all railroad car marks reported on this return. (mandatory) Are all miles for cars with this reporting mark included in this return? Tax year

Yes

No

If no, please attach an explanation.
Federal I.D. number City State ZIP code

Name of railroad car company Address (number and street) Name of officer to whom notice of assessment and correspondence should be sent Mailing address of officer (if different from above) (number and street) City

State

ZIP code

ALLOCATION FACTORS GROSS EARNINGS (If applicable) 1. Gross earnings of all cars owned or controlled 2. Gross earnings in Indiana of all cars owned or controlled 3. Indiana earnings allocation (line 2 divided by line 1) TOTAL MILEAGE 4. Total miles traveled of all cars owned or controlled 5. Total miles traveled in Indiana of all cars owned or controlled (page 3) 6. Indiana mileage allocation (line 5 divided by line 4) 7. Indiana allocation factor (average of line 3 and line 6 if gross earnings is applicable) VALUATION 8. Total fleet value (line 10, page 2) 9. Idle car allowance (see instructions, page 2) 10. Net fleet value (line 8 less line 9) 11. Indiana allocation factor (line 7 above) 12. Indiana fleet value (line 10 multiplied by line 11) 13. Indiana true tax value ( line 12, rounded to the nearest ten dollars) Under the penalties of perjury, I hereby certify that this return (including all accompanying schedules and statements), to the best of my knowledge and belief is true, correct, and complete, and lists all railroad cars owned, held, possessed, or controlled.
Signature of officer or taxpayer representative Printed name of officer or taxpayer representative Fax number Title E-mail address Date (month, day, year) Telephone number

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Page 1 of 4

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SCHEDULE OF RAILROAD CARS List on the schedule below all railroad cars owned or controlled: YEAR OF ACQUISITION 1. 2. 3. 4. 5. 6. 7. 8. 9. 2008 2007 2006 2005 2004 2003 Prior to 2003 Totals Minimum value (line 8, column A multiplied by 30%) NO. OF R.R. CARS COLUMN A TOTAL COST % COND. 40% 56% 42% 32% 24% 18% 15% COLUMN B - DEPRECIATED VALUE (Total Cost x % Cond.)

10. Total fleet value (greater of line 8, column B or line 9) Carry line 10 to line 8 on page 1. IDLE CAR ALLOWANCE CALCULATION IDLE CAR ALLOWANCE An idle care allowance of up to twenty percent (20%) may be claimed for those cars in the fleet that are inoperable due to the four (4) categories listed in the idle care allowance section of the worksheet. You must complete the idle car allowance section, at the time of original timely filing, to claim the idle car adjustment. The idle car allowance (line 9 of page 1) shall be calculated by multiplying the idle car percentage (line 7 of the idle car allowance calculation, not to exceed 20%) by the total fleet value (line 8 of page 1). ANNUAL NUMBER OF IDLE CAR DAYS 1. Light Repair 2. Heavy Repair 3. Scheduled Maintenance 4. Cars not removed from records that are in the process of being scrapped or are in storage awaiting executive approval for dismantling. 5. Total Number of Idle Car Days (Sum of Lines 1, 2, 3 & 4) 6. Total Number of Railcars multiplied by 365 7. Idle Car Percentage (Line 5 divided by Line 6)

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INDIANA MILEAGE REPORT BY RAILROAD

Please list below your mileage traveled in Indiana, both loaded and unloaded, by railroad. Carry the total of all the miles to page 1, line 5. Please list miles by carmark if available. You may attach an additional sheet if there is no room on this form. Please use the same format. Also, please break out other by railroad. You may list the name of each railroad on a separate page or under another column on this worksheet. RAILROAD

CARMARK

BOCT

CSX

NORFOLK SOUTHERN

CANADIAN NATIONAL/GRAND TRUNK WESTERN

CANADIAN PACIFIC/ SOO LINE

UNION PACIFIC

OTHER

TOTAL MILES

TOTAL OF ALL MILES:
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CREDIT FOR RAILROAD CAR MAINTENANCE AND IMPROVEMENTS AS PER INDIANA CODE 6-1.1-8.2 Please use the following worksheet to calculate your credit by listing your annual expenses in Indiana in each area as of 12/31 of the preceding year in lines 1-4. Then, follow instructions for lines 5 and 6. You will only be allowed to claim this credit if you report in a timely manner. Do not count the number of days a car is idle into the Idle Car Allowance if you are claiming credit for maintenance and repair on that car. If you are claiming both this credit and the idle car allowance for the same railcar you must provide documentation supporting why the impairment to value exceeds the credit for maintenance and repairs. Please Note: Your credit may be reduced proportionally if the credit applied for by all timely reporting Railcar Companies exceeds $2,800,000 Per IC 6-1.18.2-5 2b.

ANNUAL EXPENSES FOR REPAIRS / MAINTENANCE IN INDIANA 1. Labor $

2. Materials

$

3. Overhead

$

4. Payments to third parties for repairs / maintenance

$

5. Total Expenditures in Indiana (add lines 1-4)

$

6. Total Credit (Multiply line 5 by 25%)

$

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