This bill modifies provisions related to tax payments.
This bill:
- allows a person to pay in gold mining severance taxes and income taxes;
- for specified years, provides:
a reduced severance tax rate for taxpayers who pay in gold; anda nonrefundable income tax credit for mine operators who pay in gold; and
- makes technical and conforming changes.Statutes affected:
Introduced: 51-9-306, 51-9-307, 59-1-403, 59-5-201, 59-5-202, 59-5-203, 59-5-207, 59-5-215, 59-7-504, 59-7-532, 59-7-536, 59-10-514, 59-10-520, 59-10-544, 65A-6-4, 65A-17-306