15-30-2538: Withholding required on mineral royalty payments.
Where this section sits in the code
- TITLE 15. TAXATION
- CHAPTER 30. INDIVIDUAL INCOME TAX
- Part 25. Estimated Tax and Withholding
Except as provided in 15-30-2539, each remitter shall withhold from each royalty payment made to a royalty owner an amount equal to the highest marginal tax rate in effect under 15-30-2103 of the net amount payable to the royalty owner.
Collected 2026-09-14T04:47:18Z. Source file · JSON