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San Juan Basin Royalty Trust Message Board

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  • A_Rainmaker A_Rainmaker Oct 24, 2003 10:44 AM Flag

    NM 6.75% Witholding Tax

    Only holders of tangible assets in NM are responsible for paying tax -- SJT is liable for taxes, not you the holder of SJT.

    Tax legality question is an interesting one... I think NM is a horrible place to do business. Tax and regulatory environment is absolutely horrible.

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