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Transcription
Support for use In Contract Audit No. 7322 of $1.75 per $100 of Investment to Produce an Amount to two In lieu of taxes on property of LA&SLHBCo. In Nevada, in which state units of property are not individually assessed Investment as of 12-31-29 all property not segregated to states ........... $117, 610,000. I.C.C. Valuation plus A&B to 12~31”29 Nevada 20,821,000 California 31,387,000 Utah 22,655,000 TOTAL $ 7 h , 8 6 3 .0 0 0 7^.863.000 » 63.65# AV ratio of ICC value to Investment 117,610,000 1929 Nevada assessment .................. ........... $ 12,051,300. 12.051.300 = 57*88$ ratio of Nevada assessment to ICC Value for Nevada 20,821,000 Then 63.65$ x 57*88$ x 5*00 tax rate * $1.8h Also taxes paid 1929 Utah $508,852 Nevada h3h,32? California 1029.A88 $1,972,667 $1.972.667 s $1.68 Ratio of taxes in three states to $100. of 117,610,000 Investment
