POINT OF VALUATION FOR PRODUCTION TAXES IS NOT POINT OF SALE BUT OUTLET OF INITIAL DEHYDRATOR

摘要

In Kennedy Oil v. Department of Revenue, 2008 WY 154, No. S-07-0287,2008 WL 5412331 (Wyo. Dec. 31,2008) (notreleased for publication), and Williams Production RMT Co. v. Wyoming Department of Revenue, 2008 WY 155,197 P.3d 1258 (Wyo. 2008), the Wyoming Supreme Court ruled definitively that the point at which gas, including coal bed methane (CBM), is valued for production tax purposes is the outlet of the initial dehydrator.