This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
South Dakota Minimum Royalty Payments
Category:
State:
Multi-State
Control #:
US-OG-808
Format:
Word;
Rich Text
Instant download
Description
How to fill out Minimum Royalty Payments?
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FAQ
Hear this out loud PauseThe BLM Montana State Office manages minerals in South Dakota and is the office in which a claim staked in South Dakota is recorded. Please contact the BLM at (406) 896-5004 or visit their website if you wish to stake a mineral claim in South Dakota.
Hear this out loud PauseAny fee originating from the sale of real property sold in the state of South Dakota, regardless of the broker's or agent's residence, is subject to sales tax. Municipal sales tax applies to any sale of real property located within the municipality's limits.
Calculate gross receipts by adding all revenue received within a tax year without subtracting returns, allowances, costs of goods sold, or any other business expenses.
Hear this out loud PauseThe 1% municipal gross receipts tax (MGRT) is in addition to the municipal sales tax. The MGRT can be imposed on alcoholic beverages, eating establishments, lodging accommodations, admissions to places of amusement, athletic, and cultural events.
Hear this out loud PauseRetail Sales and Service Tax Laws associated with the 4.2% state sales tax can be found in SDCL 10-45.
