Oil and Gas Severance Tax

Filing frequency: Annual
Filing due: June 1
Payment frequency: Annual if tax is less than $3,000 Quarterly prepayments required if tax exceeds $3,000
Payment due: Annual: June 1 Quarterly prepayments: June 1, September 1, December 1, and March 1
Forms: TC-684; must be filed electronically using Taxpayer Access Point
Statutes: §59-5 Part 1
Rules: R865-15O
Revenue: Goes to state general fund
Information: This tax is on the value of oil, gas, natural gas, and other gaseous or liquid hydrocarbons extracted in Utah