Natural Resource Taxes
Historically, Montana has relied on its store of natural resource wealth as a primary source of tax revenue. So significant is this source of revenue, that it has been likened to the "third leg" of Montana's tax stool, supplementing the individual income and property tax as the three major sources of revenue in the state. Generally, natural resource taxes may be categorized as either severance/license taxes, or some form of ad valorem taxes.
State Severance and License Taxes
- Cement and Gypsum Producers License Tax
- Coal Severance Tax
- Electrical Energy Producers Tax
- Metal Mines License Tax
- Misc Mineral Mines License Tax
- Oil and Natural Gas Production Tax
- Resource Indemnity and Groundwater Assessment Tax (RIGWAT)
- Wholesale Energy Transaction Tax
