HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
Rule: 42.25.1803 Prev     Up     Next    
Rule Title: TREATMENT OF NONWORKING INTERESTS (ROYALTIES)
Add to My Favorites
Add to Favorites
Department: REVENUE, DEPARTMENT OF
Chapter: NATURAL RESOURCES TAXES
Subchapter: Oil and Gas
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

Printer Friendly Version

42.25.1803    TREATMENT OF NONWORKING INTERESTS (ROYALTIES)

(1) Nonworking interest owners' share of production paid to the federal, state, tribal, county or municipal governments pursuant to the lease are deductible from gross value in determining oil or natural gas production tax.

(2) Nonworking interest owners' oil and natural gas production is subject to different tax rates than the working interest, as shown in ARM 42.25.1809.

History: 15-36-322, MCA; IMP, 15-36-304, MCA; NEW, 1996 MAR p. 2001, Eff. 7/19/96; AMD, 2000 MAR p. 1347, Eff. 5/26/00.


 

 
MAR Notices Effective From Effective To History Notes
5/26/2000 Current History: 15-36-322, MCA; IMP, 15-36-304, MCA; NEW, 1996 MAR p. 2001, Eff. 7/19/96; AMD, 2000 MAR p. 1347, Eff. 5/26/00.
Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security