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Re: mineral oil/gas/taxes
Posted by jim on 1/17/08
On 6/28/07, TonyDennison.com wrote:
> Your answer is probably in the US Tax Code. Look in the
> index uder mineral oil or gas credits.
>
> Tony Dennison
>
> On 4/28/06, jim wrote:
>> Pa. Can anyone out there tell me why the taxes was removed
>> from mineral oil and gas royaltys in pa?
>> Can anyone tell me why the production of millions of
> cubic
>> feet of gas in greene county is not taxed?
Mr.Dennison
I am talking about (State & Local government )removing mineral
taxes that was charged over the last 100 years to the holder
of a mineral deed. here in Greene County Pa. their are many
people who own interest into a registered mineral deed that
has passed from generation to generation (to which all
generations received royalty payments. Now by removing mineral
taxes the Coal/gas companies are claiming those rights and
claiming the registered ownership. This is against our
constutional right and should be prosicuted .What is your view.
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