The net severance base is fifty per cent of the difference between the gross value of production and the production costs.
Computation of the net severance base
A.R.S. § 42-5204 — under Severance Tax.
A.R.S. § 42-5204
A.R.S. § 42-5204 — under Severance Tax.
A.R.S. § 42-5204
The net severance base is fifty per cent of the difference between the gross value of production and the production costs.