TABLE I.-METHODS OF TAXING TRANSPORTATION COMPANIES FOR STATE AND TERRITORIAL PURPOSES-Cont'd. Oklahoma Oregon. Pennsylvania. Rhode Island. South Carolina. South Dakota Railroad cos.. Railroad cos.. 1 Those not paying the ad valorem taxes. Telephone cos. 2 The tax on property and franchise is alternative with the gross receipts tax. 3 Domestic corporations. Telegraph cos. 4 Foreign corporations. TABLE II.-METHODS OF SECURING LOCAL REVENUES FROM RAILROAD TAXATION. 1 There is a local tax on lands owned by railroads, such as have been subject to grant either by the state or by the United States. Lands used by railroad companies but not used in any way for railroad purposes are assessed and taxed like the similar property of individuals. Not including "distributable property." There are, however, local license taxes on railroads. |