Instructions for Mining Severance Tax Annual Return
Name and Address
Enter the name and address of the company submitting this report.
Utah Account Number
Enter the Utah account number of the company submitting this report. This number is assigned by the Oil and Gas
Section, Auditing Division, Utah State Tax Commission.
Report Period and Due Date
Report period covers one calendar year. Report is due on or before June 1, following the report period.
Mine Name and Location
Prepare a separate return for each mine. For the purpose of the mining severance tax, a contiguous claim or mine
working is considered to be one mine. Also, enter the legal description of the mine.
Metals Sold or Stockpiled
Enter quantity sold and value received for sale of metal without deductions of any kind on lines 1, 5 and 9. For value, enter
the gross amount received from purchasers, including bonuses, premiums and subsidies, in connection with the sales of
ores, concentrates and metals. If the metalliferous minerals are stockpiled for more than two years, shipped out of state
without sale, or otherwise disposed of, gross value shall be calculated by multiplying the recoverable units of metals
contained times the average monthly price as quoted in an established authority for market prices of metals for the period
during which the tax is due.
Annual Exemption
An annual exemption from the payment of the tax is allowed upon the first $50,000 in gross value of the metal or
metalliferous mineral for each mine.
Quarterly Prepayment
Enter the amounts previously paid to the Utah State Tax Commission for each of the four quarters on lines 15a - d. Enter
the sum of these lines on line 15.
Tax Due
Tax due equals tax minus quarterly prepayments. Payment must accompany annual return.
For additional information, contact the Utah State Tax Commission, 210 North 1950 West, Salt Lake City, Utah 84134,
(801) 297-4600.