Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Statute 57 708 — Nebraska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Nebraska/
  4. Chapter 57 - Minerals, Oil, and Gas57-101 - Coal and Iron Development; State Aid; Conditions/
  5. Article 7/
  6. Statute 57 708
Nebraska Legal Code

Statute 57 708

Ask AI about this
57-708. Tax; deductions permitted.The person, remitting to the Tax Commissioner the taxes levied by the provisions of sections 57-701 to 57-714, shall deduct, from the amount due the persons owning an interest in the oil or gas or in the proceeds thereof at the time of severance, the proportionate amount of such taxes before making payment to such persons.Source Laws 1955, c. 219, § 8, p. 613; Laws 1967, c. 351, § 5, p. 934.

57-708. Tax; deductions permitted.The person, remitting to the Tax Commissioner the taxes levied by the provisions of sections 57-701 to 57-714, shall deduct, from the amount due the persons owning an interest in the oil or gas or in the proceeds thereof at the time of severance, the proportionate amount of such taxes before making payment to such persons.Source Laws 1955, c. 219, § 8, p. 613; Laws 1967, c. 351, § 5, p. 934.