This form provides for the reassignment of interests in the event a well is required to be drilled, deepened, reworked, plugged back, sidetracked, or recompleted, or any other operation that may be required in order to (1) continue a Lease or Leases in force and effect, or (2) maintain a unitized area or any portion of it in and to any Oil and/or Gas and other interest which may be owned by a third party or which, failing in the operation, may revert to a third party, or (3) comply with an order issued by a regulatory body
Alabama Provisions For JOA 82 Revised
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US-OG-715
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FAQ
Do You Need a Seller's Permit in Alabama? If you operate a retail business that sells tangible personal property anywhere in the state, you'll need to get an Alabama wholesale license. The same requirement applies to those who run ?places of entertainment,? such as an amusement park.
Alabama requires you to register for a sales tax permit in order to purchase items in-state tax free for resale unless you are a dropshipper. If you are dropshipping, Alabama will accept your home-state exemption certificate. See here for more information.
In general, the Uniform Sales and Use Tax Multi-Jurisdictional Certificate of Exemption or the certificate of exemption from the purchaser's home state bearing the purchaser's resale registration number will serve as sufficient proof that the transaction is not a taxable retail sale.
It is Alabama's stance that the vendor/drop-shipper should accept the home-state issued resell certificate when the reseller is purchasing to resell to a customer located in Alabama (drop-shipped to an Alabama address).
What is the Economic nexus threshold in Alabama? Remote sellers that exceed $250,000 in total retail sales in the previous calendar year are required to collect and remit Alabama use tax.
Alabama allows an exemption on the furnishing of electricity to a manufacturer or compounder for use in an electrolytic or electrothermal manufacturing or compounding process, natural gas which becomes a component of tangible personal property manufactured or compounded (but not used as fuel or energy), and natural gas ...
To verify the status of an Alabama issues resale or exemption number, log into My Alabama Taxes, click on the account ID for you tax account, click on the ?verify account number? option under ?I want to?? and complete the required information to obtain the validity and status of an account.
Sales and Use Tax Exemptions Pollution Control Equipment: Equipment or materials purchased primarily for the control, reduction, or elimination of air or water pollution are exempt from sales and use tax under Alabama law (Sections 40-23-4(a)(16) and 40-23-62-(3)).