Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:634
Definitions
Official textlegis.la.gov
The following terms as used in this Part shall have the following meanings ascribed to them:
# (1)
"Owner" means owner at the time of severance.
# (2)
"Purchases on the open market" means purchases made in the absence of any contract or agreement requiring the purchaser to make payment direct to the owner of oil, gas or other natural resources.
# (3)
"Severed" means the point at which the natural resources are severed from the surface of the earth or water.
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In this chapter (23 sections)
- 47:631 · Imposition of tax
- 47:632 · Taxes payable by owners; lien and privilege created
- 47:633 · Severance tax; rates; administration
- 47:633.1 · Repealed by Acts 2002, No. 12, §1, eff. June 7, 2002
- 47:633.2 · Transfer of funds to royalty road or royalty fund
- 47:633.3 · Establishment of timber conversion factor
- 47:633.4 · Tertiary recovery incentive
- 47:633.5 · Produced water injection incentive
- 47:633.6 · Calculation of market value for trees and timber
- 47:634 · Definitions
- 47:635 · Reports and payment of taxes by severers
- 47:636 · Severers required to withhold taxes from royalty payments
- 47:637 · Severers not required to withhold tax where it is withheld by…
- 47:638 · Purchasers required to withhold taxes
- 47:639 · Withholding and payment of taxes where title of property is in…
- 47:640 · Reports by purchasers
- 47:641 · Delinquent tax
- 47:642 · Failure to file reports
- 47:643 · Tax in addition to property taxes; restriction on further…
- 47:643.1 · Restriction on taxation of timber
- 47:644 · Repealed by Acts 1998, No. 4, §1, eff. June 4, 1998
- 47:645 · Disposition of collections
- 47:646 · Apportionment of amounts allocated to parishes