Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 18. Department of Assessments & Taxation |
Subtitle 09. RAILROAD OPERATING PROPERTY |
Chapter 18.09.01. Allocation |
Sec. 18.09.01.02. Allocation Factors
Latest version.
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In allocating a portion of the operating unit to the State, the Department may use a combination of property, revenue, and use factors. The factors used shall be sufficient to produce a reasonable estimate of the unit value attributable to the State.