Section 15.55.450. Tax for oil and gas the ownership or right to which constitutes a landowner's royalty interest.

Latest version.

	(a)  The tax levied by AS 43.55.011(i) for oil is calculated separately for oil produced from each lease or property and may not be less than zero.  
	(b)  The tax levied by AS 43.55.011(i) for gas is calculated separately for gas produced from each lease or property and may not be less than zero.

Authorities

43.05.080;43.55.011;43.55.110

Notes

Authority
 AS 43.05.080  
AS 43.55.011  
AS 43.55.110  
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History Eff. 4/30/2010, Register 194

                    
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