Taxes:

Oklahoma Budget Crisis Spurs Battle Among Oilmen

An impasse among Oklahoma lawmakers over how to fix the state’s worst budget problem in decades has sent the legislature spiraling into chaos and focused blame on the usually sacrosanct oil and natural gas industry…

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Dueling Protests Debate Oil Production Tax Rate in Oklahoma

It was dueling tax protesters day Thursday at the state Capitol. About 200 state employees and educators showed up to the morning to push for a flat 7 percent tax on oil and gas production,…

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Tax Changes Coming for Royalty Owners?

Without a doubt, much attention is being paid to the big changes taking place in Washington, D.C. with the start of the presidency of Donald Trump. While most of the focus has been on Mr….

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TAXES

What Taxes Do Mineral Owners Need to be Aware of? If you own minerals, you need to understand that you may be subject to taxation at several levels of government. First of all, understand that…

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