Section 9-17-35 Tax Based on Gross Proceeds for Offshore Production.
Offshore production from depths greater than 8,000 feet below mean sea level is taxed at 1.66% of the gross proceeds attributable to that production.
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- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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gross proceeds offshore production oil and gas
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Section 9-17-35 Tax Based on Gross Proceeds for Offshore Production.
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