Oklahoma Administrative Code
Title 432 - Commission on Marginally Producing Oil and Gas Wells
Chapter 10 - Refund of Fees
Subchapter 3 - Refund Procedures
Section 432:10-3-1 - Payment of Fee
Current through Vol. 41, No. 13, March 15, 2024
(a) The Fee shall be deducted from the proceeds of production by the person or entity remitting gross production tax to the Oklahoma Tax Commission pursuant to Section 1001 of title 68 of the Oklahoma Statutes, and shall be remitted to the Oklahoma Tax Commission in the same manner as provided by law for the payment of gross production tax.
(b) The Fee is not required to be remitted until such Fee reaches the cumulative total of Twenty-five Dollars ($25.00), except that any amount accrued for any calendar year shall be remitted to the Oklahoma Tax Commission by January 31 of the following year.
(c) Fees are subject to the Administrative Fee.
Added at 11 Ok Reg 1963, eff 4-20-94 through 7-14-95 (emergency); Added at 12 Ok Reg 3372, eff 8-25-95
