Utah - Oil Gas

摘要

Utah Legislature Confirms that Federal, State, and Tribal Interests Must Be Excluded When Calculating Severance Tax on Oil and Gas In Vol. XXXII, No. 2 (2015) of this Newsletter, we reported on the Utah Supreme Court's decision in Anadarko Petroleum Corp. v. UtahStateTaxCommission,2015 UT25,345P.3d648. In Anadarko, the court held that an oil and gas operator may exclude federal, state, and tribal interests when calculating its severance tax rate.