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 Colorado Severance Tax Form 2020

2020-2025 Form

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Instructions and help about Colorado Severance Tax Form

[Music] hello i'm robert todd and i'm here to discuss the concept of severance tax issues these are not income taxes these are taxes on the removal of non-renewable natural resources such as crude oil coal methane gas and things of that nature the idea is that these taxes are imposed simply because the natural resources are non-renewable and they are removed from the governmental entity that's imposing the tax it's not an income tax and it can actually be imposed even when there is no profit being made so it's a topic of much discussion these days i'm robert todd and this discusses the issues of severance taxes thank you for [Music] watching

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