Rates on the property of telecommunications providers equal the general real property tax rate in the tax district. Pennsylvania Utility companies, including many telecommunications providers, are exempt from local property taxes in Pennsylvania. The State collects the tax and distributes revenues to localities. Practically speaking, the Department of Revenue calculates taxable value as cost minus reserves for depreciation. There is no unitary valuation.
Localities assess non-operating property.
Vermont Telecommunications providers owning lines or businesses in Vermont are exempt from local ad valorem taxation on their personal property. Instead, they pay a state tax equal to 2.37 percent on net book value of their Vermont personal property. Real property is taxed at the local level. Intangibles are exempt. Resellers are not generally subject to the tax as they typically do not own the lines they use.