Revised June 28, 2007

2005 Legislation and Tax Law Changes – Severance Taxes

HB 171 Calculation of Mining Severance Tax on Beryllium

Utah Code §59-5-203

Effective Date January 1, 2005

This bill modifies the calculation of taxable value for purposes of imposing the mining severance tax on beryllium from 20% of gross proceeds to 125% of direct mining costs.

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