Instructions for Minnesota Annual Report of Railroad Companies
Reporting Requirement
County Notifications
Use of Information
The Minnesota Annual Report of
After determining the market values of
The information requested on this form
Railroad Companies for the January 2
the operating property of each railroad
is used to estimate your market value
assessment is required to be filed on
company, the commissioner will
using unitary appraisal methodology.
or before March 31 of each year by
notify the county assessor of the
If you do not provide the information,
every railroad company doing
equalized market values in each of the
the Department of Revenue may value
business in Minnesota. (Minnesota
respective counties, and in the taxing
your property based on the best
Statutes, sec-tion 270.82)
districts therein by June 30 of the
information available.
assessment year.
All information requested on this form
Minnesota Annual Report
is public.
Completing the Minnesota
of Railroad Companies
Annual Report of Railroad
Questions?
The department will provide the
Companies
updated Minnesota Annual Report of
If you need help completing these
Railroad Companies online at
forms, call (651) 556-6091.
Download the form from our website,
Each rail-
TTY: Call 711 for Minnesota Relay.
Save a
road company is required to complete
copy of the document to your
Email
the report based on the activities of the
computer. Fill out the saved copy in
sa.property@state.mn.us
prior calendar year (i.e. the 2013
accordance to the instructions listed
railroad report is based on 2012 opera-
Address
on each page of the form. An officer
tions), and return it to the department
Minnesota Revenue
of the railroad company must sign the
by March 31 of each year via email to
Mail Station 3340
certification page attesting to its
sa.property@state.mn.us.
St. Paul, MN
accuracy.
55156-3340
The date the return is received is
The certification page must be
considered the filing date.When the
Forms
printed out and signed, then either
due date falls on a Saturday or
Forms and other tax information are
faxed back to the department at (651)
Sunday, reports emailed on the next
available on our website at
556-3128 or it may be scanned and
business day are considered on time.
emailed to sa.property@state.mn.us
Filing Extension
We’ll provide this information in
as an attachment.
other formats upon request to persons
A 15-day extension may be granted for
The remainder of the form must be
with disabilities.
good cause. An extension request must
kept in spreadsheet format and
be made in writing by March 31.
emailed back to
(Email your request for an extension to
sa.property@state.mn.us by March
sa.property@state.mn.us.)
31.
After You File
Penalties
After you file your annual report, the
Making false statements on this
department has until May 31 to esti-
document is against the law.
mate the market value as of January 2
of the assessment year in accordance
Minnesota Statutes, section 609.41
with Minnesota Statutes, sections
states that anyone giving false
270.80 through 270.87. You will then
information in order to avoid or reduce
be noti-fied of these figures.
their tax obligations is subject to a fine
of up to $3,000 and/or up to one year in
prison.