Idaho Administrative Code
Title IDAPA 35 - Tax Commission, State
Rule 35.01.08 - MINE LICENSE TAX ADMINISTRATIVE RULES
Section 35.01.08.010 - DEFINITIONS
Current through August 31, 2023
Section 47-1205, Idaho Code
01. These Rules. The term these rules refers to IDAPA 35.01.08, relating to Idaho mine license tax. (3-31-22)
02. Valuable Mineral. The term "valuable mineral," for purposes of the Idaho Mine License Tax, is defined to include not only gold, silver, copper, lead, zinc, coal, phosphate and limestone, but also any other substance not gaseous or liquid in its natural state, which makes real property more valuable by reason of its presence thereon or thereunder and upon which depletion is allowable pursuant to Section 613 of the Internal Revenue Code. This includes, but is not limited to, calcium carbonates, garnet, granite, pumice, quartzite, scoria, shale, slate, and stone (including dimension and ornamental stone). However, sand and gravel are not included in this definition. (3-31-22)