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San Juan Basin Royalty Trust Message Board

  • A_Rainmaker A_Rainmaker Oct 21, 2003 10:08 AM Flag

    NM 6.75% Witholding Tax

    NM has suddenly decided to withhold all foreigner's oil & gas runs 6.75%, for fear of losing revenues. The owner can avoid this by simply filling a form out to state that they will file a NM Income Tax form. SJT should have already submitted their form.

11.05-0.05(-0.45%)May 4 4:02 PMEDT