298.01 MINING OR PRODUCING ORES. Subdivision 1. [Repealed, 1987 c 268 art 9 s 43] Subd. 2. [Repealed, 1985 c 300 s 30] Subd. 3. Occupation tax; other ores. Every person engaged in the business of mining, refining, or producing ores, metals, or minerals in this state, except iron ore or taconite concentrates, shall pay […]
298.015 NET PROCEEDS TAX ON MINING. Subdivision 1. Tax imposed. A person engaged in the business of mining shall pay to the state of Minnesota for distribution as provided in section 298.018 a net proceeds tax equal to two percent of the net proceeds from mining in Minnesota. The tax applies to all ores, metals, […]
298.016 GROSS PROCEEDS. Subdivision 1. Computation; arm’s-length transactions. When a metal or mineral product is sold by the producer in an arm’s-length transaction, the gross proceeds are equal to the proceeds from the sale of the product. This subdivision applies to sales realized on all metal or mineral products produced from mining, including reduction, beneficiation, […]
298.018 DISTRIBUTION OF PROCEEDS. Subdivision 1. Within taconite assistance area. The proceeds of the tax paid under sections 298.015 and 298.016 on ores, metals, or minerals mined or extracted within the taconite assistance area defined in section 273.1341, shall be allocated as follows: (1) five percent to the city or town within which the minerals […]
298.16 TAXES TO BE CREDITED TO GENERAL FUND. All taxes imposed under sections 298.01 and 298.015 must be paid into the state treasury and credited to the general fund. History: (2386) 1921 c 223 s 14; 1969 c 399 s 49; 1991 c 291 art 11 s 17
298.17 OCCUPATION TAXES TO BE APPORTIONED. (a) All occupation taxes paid by persons, copartnerships, companies, joint stock companies, corporations, and associations, however or for whatever purpose organized, engaged in the business of mining or producing iron ore or other ores, when collected shall be apportioned and distributed in accordance with the Constitution of the state […]
298.18 TAXES TO GO TO GENERAL FUND IF SECTION 298.17 INVALID. If for any reason section 298.17 shall be held to be invalid, then all such taxes, when collected, shall be paid into the state treasury and credited to the general fund. History: (2392) 1923 c 402 s 2; 1969 c 399 s 49
