us-ok/stat
Okla. Stat. tit. 68, § 1019
Definitions
The following words, terms and phrases shall when used in
Sections 1017 through 1020, except where the context clearly indicates a different meaning, have the following meaning:
# (a)
The word "Tax Commission" shall mean the Oklahoma Tax
Commission.
# (b)
The word "person" shall mean and include an individual, a limited liability company, a corporation, a trust and any other entity recognized as such under the laws of the State of Oklahoma.
# (c)
The word "ore" or "ores" shall mean and include alluvium soil or earth or any sedimentary formation or rocks, or intrusive or igneous dike, vein, or fissure, or any liquid substance or matter which bears uranium, thorium, and any other fissionable material together with vanadium, manganese, and nonfissionable materials associated with fissionable materials or which bear tin, vanadium, molybdenum, bismuth and any other metal or mineral, excepting coal only, provided a tax is not levied in connection therewith under the Gross Production Act referred to in Section 1001 hereof.
# (d)
The word "uranium" shall mean and include uranium, thorium, and any other fissionable material together with vanadium, manganese, and nonfissionable materials associated with fissionable materials, also tin, vanadium, molybdenum, bismuth and any other metal or mineral, excepting coal only, provided a tax is not levied in connection therewith under Sections 1001 - 1016 of this Code.
# (e)
The words "gross value" mean the value of ore immediately after being mined or produced, therefore, the amount received or the amount that could or should have been received for ore if sold, including any and all premiums, inducement payments, bonus payments, or subsidies. In case ore is sold under circumstances where the sales price does not represent the cash price thereof prevailing for ore of like kinds, character or quality in the area from which the ore is produced, the Tax Commission may require the tax to be paid upon the basis of the prevailing price then being paid at the time of production thereof in said area for ore of like kind, quality and character.
Amendment history
Laws 1963, c. 365, § 2, emerg. eff. June 22, 1963. Renumbered from § 10-1019 by Laws 1965, c. 215, § 2. Amended by Laws 1993, c. 366, § 37, eff. Sept. 1, 1993.
Source: view the official text
Nearby sections (25 sections)
- 1010 · Information in monthly report - Reporting numbers assigned by…
- 1010a · One-time payment of gross production tax - Reduction of bond -…
- 1011 · Statements as to tax on settlements
- 1012 · Lien for tax - Liability not released by provision for payment
- 1013 · Rules and regulations - Bond - Licenses and permits - Reports -…
- 1013a · Seller and purchaser to secure and retain invoice copies
- 1014 · Amended reports
- 1015 · Refiners and processors to obtain permit - Bond - Failure to…
- 1015.1 · Oil reclamation - Permits
- 1016 · Repealed by Laws 2016, c. 114, § 3, eff. July 1, 2016
- 1017 · Noncompliance by producers, refiners, processors or purchasers
- 1018 · Tax on uranium
- 1019 · Definitions
- 1020 · Application of Sections 1017 to 1020
- 1021 · Reports and collection - Apportionment
- 1022 · Conditional increase in value of natural gas - Handling and…
- 1023 · Downward adjustment of value of oil and gas - Refund of excess…
- 1024 · Release of information - Costs - Civil and criminal liability -…
- 1101 · Excise tax on oil - Additional tax
- 1101.1 · Renumbered as § 1001.1 of this title by Laws 1991, c. 342, §…
- 1102 · Excise tax on gas - Additional tax
- 1103 · Deposit, apportionment and use of proceeds of tax
- 1103.1 · Maintenance of Corporation Commission Plugging Fund minimal…
- 1104 · Due date of tax - Delinquency - Reports on leases
- 1105 · Failure to make report