Oil and Gas Conservation Tax | Midpage

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New Mexico Statutes Annotated 1978

30

Oil and Gas Conservation Tax

State of New Mexico

7-30-1Title 7-30-2Definitions 7-30-4Oil and gas conservation tax levied; collected by department; rate; interest owner's liability to state; Indian liability 7-30-5Taxable value; method of determining 7-30-6Value may be determined by department; standard 7-30-7Price increase subject to approval of agency of United States of America, state of New Mexico or court; refund 7-30-8Products on which tax has been levied; regulation by department 7-30-9Operator or purchaser to withhold interest owner's tax; department may require withholding of tax; tax withheld to be remitted to the state; operator or purchaser to be reimbursed 7-30-10Operator's report; tax remittance; additional information 7-30-11Purchaser's report; tax remittance; additional information 7-30-27Advance payment required