ARM 42.25.1503

ARM 42.25.1503. COMPUTATION OF TAX

TransferredLast amended: 2013Length: 47 wordsOfficial source

Cite as Mont. Admin. R. 42.25.1503

(1) The resource indemnity trust tax is computed on the gross value of the mineral at the time of extraction from either the surface or subsurface of the earth. (2) Producers may not reduce gross value for any costs or expenses of bringing minerals to mine mouth.
ARM 42.25.1503: ARM 42.25.1503. COMPUTATION OF TAX | Justis AI