House rejects oil tax restructuring measure
May 1, 2013 in The Dickinson Press
BISMARCK House legislators Wednesday rejected an oil tax reform bill that would have lowered the oil extraction tax, closed a tax loophole for low-producing wells and set up guidelines for a new tribal tax agreement. Continue Reading
A reader from Jamestown, N.D., wonders how much are North Dakota oil taxes and how is that money used? The answer is complicated.
A North Dakota Senate panel doesn’t like a proposal to reduce the state’s oil taxes in exchange for higher oil production.
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