Gross yield and gross production defined

In this chapter, gross yield means total receipts from the sale of precious metals severed in this state. Gross yield includes the amount received in money, credits, property, or other consideration from the sale of precious metals severed in this state without any deduction for the cost of severing precious metals, the cost of labor or services, deduction for losses, or any other expenses. Gross production means the total number of ounces of precious metals severed in this state.

Last amended: Source: SL 1981, ch 95 , § 3; SL 1994, ch 89 , § 2.

Source: view the official text

In this chapter (40 sections)

10-39-1 · 10-39-1 to 10-39-22. Repealed by SL 1970, ch 73
10-39-23 · 10-39-23 to 10-39-41. Repealed by SL 1981, ch 95, § 15
10-39-42 · Definitions
10-39-43 · Severance tax on gold
10-39-44 · Gross yield and gross production defined
10-39-45 · Finished value subject to tax--Allocation between processors
10-39-46 · 10-39-46. Superseded
10-39-47 · 10-39-47. Repealed by SL 2017, ch 66, § 4
10-39-48 · Failure to file statements as misdemeanor--Determination of…
10-39-49 · Promulgation of rules
10-39-50 · Access to taxpayer's records--Violation as misdemeanor
10-39-51 · Payment under protest--Action for…
10-39-52 · False statement as felony--Forfeiture
10-39-53 · Exemption of persons severing small amounts
10-39-54 · Distribution of proceeds
10-39-55 · 10-39-55. Repealed by SL 1984, ch 78, § 9
10-39-56 · Tax on owners of royalty or working interests--Withholding…
10-39-58 · Temporary provisions for severance tax on precious…
10-39-59 · Due dates of quarterly payments
10-39-60 · Temporary tax not additional tax
10-39-61 · 10-39-61 to 10-39-66. Repealed by SL 1997, ch 66, §§ 11 to 16
10-39-67 · Filing verified estimates--Payment due
10-39-68 · Additional tax on precious metals--Rate
10-39A-1 · Severance tax imposed on energy minerals--Rate
10-39A-2 · Taxable value based on sale price or market…
10-39A-4 · Operator to be designated to file returns and pay tax--Tax…
10-39A-5 · Quarterly filing of reports and remission of tax…
10-39A-6 · 10-39A-6. Superseded
10-39A-7 · Severance tax in lieu of taxes other than sales, use, and…
10-39A-8 · Proceeds distributed
10-39A-9 · Funds paid to counties
10-39A-10 · County trust and agency account--Purposes for which…
10-39A-15 · 10-39A-15. Superseded
10-39A-16 · Action by secretary for collection of delinquent…
10-39A-17 · 10-39A-17. Repealed by SL 2017, ch 66, § 5
10-39A-18 · Inspection of books and records--Authority of…
10-39A-19 · Inspection of books and records--Authority of county…
10-39A-20 · False statement under oath as perjury
10-39A-21 · 10-39A-21. Repealed by SL 1992, ch 158, § 4
10-39B-1 · Legislative findings

Full table of contents →