Production tax rates imposed on oil and natural gas -- exemption
Known as the Montana Oil and Natural Gas Production Tax Act
The act spans §§ 15-36-301 to 15-36-332 (25 sections).
En
(1) The production of oil and natural gas is taxed as provided in this section. The tax is distributed as provided in 15-36-331 and 15-36-332.
(2) Natural gas is taxed on the gross taxable value of production based on the type of well and type of production according to the following schedule for working interest and nonworking interest owners:
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.