47-335. PRODUCERS — MONTHLY STATEMENTS — IDAHO STATE TAX COMMISSION. (1) Every producer engaged in the production of oil or gas from any well or wells in the state shall each month file with the Idaho state tax commission, on forms prescribed by the Idaho state tax commission, a statement containing the information required by subsection (2) of this section relating to the oil or gas produced, saved and sold or transported from the premises in Idaho where produced.
(2) The statement required in subsection (1) of this section shall include:
(a) The name, description and location of:
(i) Every well or wells; and
(ii) Every field in which the well or wells are located; and
(b) Any other reasonable and necessary information required by the Idaho state tax commission.
(3) The statements required to be filed with the Idaho state tax commission shall be signed and sworn to by the producer or a designee.
(4) The Idaho state tax commission is authorized to conduct audits, relating to producer compliance with the provisions of this section, at least every three (3) years.
History:
[(47-335) 47-331, added 2017, ch. 116, sec. 1, p. 267; am. and redesig. 2018, ch. 169, sec. 15, p. 365.]
Structure Idaho Code
Chapter 3 - OIL AND GAS WELLS — GEOLOGIC INFORMATION, AND PREVENTION OF WASTE
Section 47-307 - USE OF INFORMATION.
Section 47-311 - PUBLIC INTEREST.
Section 47-312 - ACT NOT CONSTRUED TO RESTRICT PRODUCTION — WASTE PROHIBITED.
Section 47-313 - LANDS SUBJECT TO THIS ACT.
Section 47-315 - AUTHORITY OF COMMISSION.
Section 47-316 - PERMIT TO DRILL OR TREAT A WELL — FEES.
Section 47-317 - DRILLING LOCATIONS.
Section 47-318 - WELL SPACING.
Section 47-320 - INTEGRATION OF TRACTS — ORDERS OF DEPARTMENT.
Section 47-321 - UNIT OPERATIONS.
Section 47-322 - OIL AND GAS METERING SYSTEMS.
Section 47-323 - COMMINGLING OF PRODUCTION.
Section 47-324 - REPORTING REQUIREMENTS.
Section 47-325 - FALSIFICATION OF RECORDS — LIMITATION OF ACTIONS.
Section 47-327 - CONFIDENTIALITY OF WELL AND TRADE INFORMATION.
Section 47-328 - RULES FOR COMMISSION — ADMINISTRATIVE PROCEDURES.
Section 47-329 - POWERS OF COMMISSION — WITNESSES — PENALTY.
Section 47-330 - OIL AND GAS CONSERVATION FUND CREATED — TAX.
Section 47-331 - OBLIGATION TO PAY ROYALTIES AS ESSENCE OF CONTRACT — INTEREST.
Section 47-332 - REPORTS TO ROYALTY OWNERS.
Section 47-333 - ACTION FOR ACCOUNTING FOR ROYALTY.
Section 47-334 - USE OF SURFACE LAND BY OWNER OR OPERATOR.
Section 47-335 - PRODUCERS — MONTHLY STATEMENTS — IDAHO STATE TAX COMMISSION.
Section 47-336 - INTERSTATE COMPACT FOR CONSERVATION OF OIL AND GAS RATIFIED.