Section 205.316 – Repealed. 1980, Act 166, Eff. Sept. 17, 1980.
205.316 Repealed. 1980, Act 166, Eff. Sept. 17, 1980. Compiler’s Notes: The repealed section pertained to overpayments.
Section 205.317 – Information as to Production; Availability, Conditions.
205.317 Information as to production; availability, conditions. Sec. 17. The department of revenue may provide information to any person as to the quantities of oil or gas purchased or reported when the department is satisfied that the information will be used for public or petroleum industry educational or research purposes. History: Add. 1965, Act 299, […]
Section 205.313 – Receipt; Contents.
205.313 Receipt; contents. Sec. 13. Any corporation, association or person paying any tax, penalty or cost under the provisions of this act, to the state tax commission shall be entitled to a receipt for the same, showing the time of payment and the purpose for which paid. History: 1929, Act 48, Eff. Aug. 28, 1929 […]
Section 205.314 – Taxes to Accompany Report; Disposition of Taxes, Penalties, and Costs; Payment of Credits for Heating Fuel Costs.
205.314 Taxes to accompany report; disposition of taxes, penalties, and costs; payment of credits for heating fuel costs. Sec. 14. (1) All taxes shall accompany the report provided for in section 2. Except as provided in subsection (2), all taxes, penalties, or costs paid to the state treasurer under this act shall be paid into […]
Section 205.315 – In Lieu of Other Taxes; Exceptions.
205.315 In lieu of other taxes; exceptions. Sec. 15. The severance tax herein provided for shall be in lieu of all other taxes, state or local, upon the oil or gas, the property rights attached thereto or inherent therein, or the values created thereby; upon all leases or the rights to develop and operate any […]
Section 205.301 – Severance Tax on Oil or Gas.
205.301 Severance tax on oil or gas. Sec. 1. There is hereby levied upon each producer engaged in the business of severing from the soil, oil or gas, a specific tax to be known as the severance tax. History: 1929, Act 48, Eff. Aug. 28, 1929 ;– CL 1929, 3604 ;– CL 1948, 205.301 ;– […]
Section 205.302 – Monthly Reports; Contents, Form.
205.302 Monthly reports; contents, form. Sec. 2. (1) Every corporation, association, person, common carrier, pipe line company or common purchaser, who shall receive or purchase or transport any such oil or gas, shall make a report on or before the twenty-fifth day of each month in the form and manner required by the department of […]
Section 205.303 – Severance Tax; Rate; Computing Value of Production; Payment; Lien; Withholding; Deduction; Reimbursement; Exception; Carbon Dioxide Secondary or Enhanced Recovery Projects.
205.303 Severance tax; rate; computing value of production; payment; lien; withholding; deduction; reimbursement; exception; carbon dioxide secondary or enhanced recovery projects. Sec. 3. (1) Except as provided in subsections (2), (3), and (4), the severance tax required to be paid by each producer at the time of rendering each monthly report, or by a pipeline […]
Section 205.304 – Production Record, Keeping, Open to Inspection; Penalty.
205.304 Production record, keeping, open to inspection; penalty. Sec. 4. Each corporation, association or person mentioned and included in sections 1 and 2 of this act shall make, keep and preserve a full and complete record of all such oil produced in this state during the time so engaged in its production, and said record […]
Section 205.305 – Report, Contents.
205.305 Report, contents. Sec. 5. In each report required to be made by this act, such corporation, association or person making the same shall show in detail the disposition made of any such oil or gas. Said report shall show to whom any such oil or gas was sold or delivered to each, and shall […]