North Dakota Statutes
§ 57-51-03 — Gross production tax to be in lieu of other taxes
The payment of the taxes herein imposed must be in full, and in lieu of all ad valorem taxes
by the state, counties, cities, towns, townships, school districts, and other municipalities, upon
any property rights attached to or inherent in the right to producing oil or gas, upon producing oil
or gas leases, upon machinery, appliances, and equipment used in and around any well
producing oil or gas and actually used in the operation of such well, and also upon oil and gas
produced in the state upon which gross production taxes have been paid, and upon any
investment in any such property. Any interest in the land, other than that herein enumerated,
must be assessed and taxed as other property within the taxing district in which such property is
situated. It is expressly provided that the gross
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 57-51-03 (Gross production tax to be in lieu of other taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 57-01-01
Bond of tax commissioner§ 57-01-02.1
Tax collection agreements with home rule cities or counties - Limitations on city or county authority§ 57-01-03
Office of commissioner§ 57-01-04
Salary§ 57-01-05
State supervisor of assessments§ 57-01-06.1
Statement of legislative intent concerning use of sales, market, and productivity studies§ 57-01-10
Tax manuals - Distribution§ 57-01-11
Assessment of or determination of additional tax liability by tax commissioner - Hearing - Appeal§ 57-01-12
Approval of refunds by tax commissioner