Get Annual Report Of Natural Gas Companies To The North Dakota Tax ...

Severance tax is charged to resource producers, or anyone with a working or royalty interest in oil, gas, or mineral operations in the imposing states. The tax is calculated based on either the value or volume of production, though sometimes states use a combination of both.

A motor vehicle fuel tax of $0.23 cents per gallon is imposed on motor vehicle fuel sold to retailers and consumers. Motor vehicle fuel includes gasoline and gasohol. Some taxpayers may qualify for a refund on motor vehicle fuel tax. For more information and to apply for the refunds, please see the Refunds tab below.

Oil Gross Production Tax A 5% rate is applied to the gross value at the well of oil produced. Royalty interest in oil produced from a state, federal, or municipal holding and from an American Indian holding within the boundary of a reservation are excluded from the 5% rate.

A tax of five percent of the gross value at the well is levied upon all oil produced within North Dakota, less the value of any part thereof, the ownership or right to which is exempt from taxation. The tax levied attaches to the whole production, including the royalty interest. 57-51-02.1.

– The oil and gas industry in North Dakota remains a powerhouse for the state's economy, accounting for more than $42.6 billion in gross business volume, nearly 50,000 jobs and $3.8 billion in state and local tax revenues in 2021, ing to two studies highlighted today by Gov.

Special Fuels Taxes Special fuels include diesel, biodiesel, kerosene, compressed natural gas (CNG), liquefied natural gas (LNG), waste oil, liquefied petroleum gas (LPG) known as propane, and soy oil and other blending components. 23 cents per gallon is imposed on all special fuels sold for use in licensed vehicles.