15-39-103. Taxation of royalties.
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/mt/title-15/chapter-39/part-1/15-39-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15-39-103 . Taxation of royalties. All royalty amounts paid or apportioned in kind to royalty owners for which the statement is made under 15-39-102 are taxed at 15% of the amount paid or apportioned in kind to the royalty owner and are paid as provided in 15-39-102 .