Montana ~ Severance Tax: Crude Petroleum, Natural Gas Rate Increased

CCH Tax Day Report

The Montana oil and gas conservation tax rate has been increased to the statutory maximum of 0.3% of the market value per barrel of petroleum crude or 10,000 cubic feet of natural gas. The previous rate was 0.09%.

A.R.M. 36.22.1242, Department of Natural Resources and Conservation, effective October 1, 2016