Minerals

Who Must File?

A return must be filed by each severer who withholds tax from royalty payments and each purchaser who withholds tax from any amount due a seller or owner if the tax has not yet been paid.

Rate of Tax

• Sulphur: $1.03 per long ton of 2,240 pounds
• Salt: $0.06 per ton of 2,000 pounds
• Marble: $0.20 per ton of 2,000 pounds
• Stone: $0.03 per ton of 2,000 pounds
• Sand: $0.06 per ton of 2,000 pounds
• Shells: $0.06 per ton of 2,000 pounds
• Salt content in brine, when used in the manufacture of other products and not marketed as salt: $0.005 per ton of 2,000 pounds
• Lignite: $0.12 per ton of 2,000 pounds

Date Tax Due

Tax returns must be filed by the last day of the month following the taxable month.

Reporting

The severer must report the kind and quantity of natural resources severed, the names of the owners, the portion owned by each, the location of each natural resource, and the places where severed.

The purchaser must report the names and addresses of all sellers and the quantity and gross price paid for each natural resource.

These reports are due monthly on the same date as the tax.