Arkansas Code § 26-58-129 - Natural Gas Severance Tax Payment, Apportionment of Severance Tax Between Royalty Owner and Producer, and Authority for Rulemaking

(a) The severance tax on natural gas shall be paid in the manner provided in this chapter.

(b) The portion of the severance tax that is required to be deducted from the royalty owner or other interest shall be calculated in the same manner as the portion of the severance tax borne by the producer.

(c) The Department of Finance and Administration may promulgate the rules necessary to enforce the provisions of this act.

Section: Previous  26-58-116  26-58-117  26-58-118  26-58-119  26-58-120  26-58-121  26-58-122  26-58-123  26-58-124  26-58-125  26-58-126  26-58-127  26-58-128  26-58-129  

Last modified: November 15, 2016