N.D. Admin. Code 81-09-03-07
Current through Supplement No. 394, October, 2024
Oil produced from a stripper well property is exempt from the oil extraction tax.
To be eligible for the stripper well exemption, a producer must have its property certified as a stripper well property by the industrial commission and must submit a copy of the certification received from the industrial commission to the tax commissioner.
N.D. Admin Code 81-09-03-07
General Authority: NDCC 57-51-21, 57-51.1-05
Law Implemented: NDCC 57-51.1-03(2), 57-51-19