§ 15-23-501 Taxation of mines
§ 15-23-502 Net proceeds tax — statement of yield
§ 15-23-503 Net proceeds — how computed
§ 15-23-504 Lien of tax and penalty
§ 15-23-505 Assessment of royalties
§ 15-23-506 False or fraudulent reports
§ 15-23-507 Taxation and payment on royalty interests
§ 15-23-508 Lien of tax — enforcement of payment
§ 15-23-509 Repealed
§ 15-23-515 Net proceeds for talc — statement — value
§ 15-23-516 Net proceeds for vermiculite — statement — value
§ 15-23-517 Net proceeds for limestone — statement — value
§ 15-23-518 Net proceeds for industrial garnets and byproducts — statement — value — exemption
§ 15-23-521 Examination of records by department
§ 15-23-522 Surface ground and improvements not exempt
§ 15-23-523 Dissolved corporations to make returns on net proceeds of mines and pay tax accrued
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Terms Used In Montana Code > Title 15 > Chapter 23 > Part 5 - Mines Net Proceeds

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Personal property: All property that is not real property.
  • Personal property: means money, goods, chattels, things in action, and evidences of debt. See Montana Code 1-1-205
  • Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
  • Property: means real and personal property. See Montana Code 1-1-205
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Real property: means lands, tenements, hereditaments, and possessory title to public lands. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Willfully: when applied to the intent with which an act is done or omitted, means a purpose or willingness to commit the act or make the omission referred to. See Montana Code 1-1-204