§2856. Amount of annual excise tax
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/me/title-36-taxation/chapter-371-mining-excise-tax/2856·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amount of the annual excise tax on a mining company is the mining company's gross proceeds multiplied by 0.05. [PL 2025, c. 469, §33 (NEW); PL 2025, c. 469, §44 (AFF).]
1. Tax on facilities and equipment.
[PL 2025, c. 469, §33 (RP); PL 2025, c. 469, §44 (AFF).]
2. Tax on gross proceeds.
[PL 2025, c. 469, §33 (RP); PL 2025, c. 469, §44 (AFF).]