Maine Revised Statutes
Ch. 371 Contents
Title 36 Contents
List of Titles
Title 36: TAXATION
Part 4: BUSINESS TAXES
Chapter 371: MINING EXCISE TAX
§2854. Excise tax in lieu of property taxes
Annual excise tax.
A mining company shall pay to the State Tax Assessor, for the use set forth in this chapter, an annual excise tax for the privilege of conducting mining within the State.
Property tax exemption.
The excise tax imposed by this chapter shall be in lieu of all property taxes on or with respect to mining property, except for the real property taxes on the following:
Buildings, excluding fixtures and equipment; and
Land, excluding the value of minerals or mineral rights.
Data for this page extracted on 10/16/2012 08:30:12.
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007