Thursday, February 28, 2013

A comparison of effective oil tax rates in fiscal year 2010 of the top eight oil-producing states in the U.S. found that North Dakota had the fourth-lowest rate. Here is the ranking of the rates, with the total taxable value of oil production in each state in parentheses.
1. California — 2.5 percent ($15.2 billion)
2. Oklahoma — 6.7 percent ($11.1 billion)
3. Texas — 7.9 percent ($49.4 billion)
4. N. Dakota — 9.8 percent ($6 billion)
5. Montana — 10.7 percent ($2 billion)
6. Louisiana — 10.9 percent ($8.6 billion)
7. Wyoming — 13 percent ($8.3 billion)
8. Alaska — 25.1 percent ($14 billion)
Source: Covenant Consulting Group study commissioned by the North Dakota Department of Commerce
- See more at: http://www.thedickinsonpress.com/event/article/id/66076/#sthash.v5kRZeAs.dpuf
A comparison of effective oil tax rates in fiscal year 2010 of the top eight oil-producing states in the U.S. found that North Dakota had the fourth-lowest rate. Here is the ranking of the rates, with the total taxable value of oil production in each state in parentheses.
1. California — 2.5 percent ($15.2 billion)
2. Oklahoma — 6.7 percent ($11.1 billion)
3. Texas — 7.9 percent ($49.4 billion)
4. N. Dakota — 9.8 percent ($6 billion)
5. Montana — 10.7 percent ($2 billion)
6. Louisiana — 10.9 percent ($8.6 billion)
7. Wyoming — 13 percent ($8.3 billion)
8. Alaska — 25.1 percent ($14 billion)
Source: Covenant Consulting Group study commissioned by the North Dakota Department of Commerce
- See more at: http://www.thedickinsonpress.com/event/article/id/66076/#sthash.v5kRZeAs.dpuf

No comments:

Post a Comment