- (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.
Authorizing statute(s): 15-1-201, MCA
Implementing statute(s): 15-38-105, MCA
History: NEW, Eff. 4/6/74; AMD, 1982 MAR p. 2178, Eff. 12/31/82; TRANS, from ARM 42.32.103, 2013 MAR p. 180, Eff. 2/1/13.