The amount of the annual excise tax on a mining company is the mining company's gross proceeds multiplied by 0.05. [PL 2025, c. 469, §33 (NEW); PL 2025, c. 469, §44 (AFF).]
1. Tax on facilities and equipment.
2. Tax on gross proceeds.
Amount of annual excise tax
36 M.R.S. § 2856, under MINING EXCISE TAX.
36 M.R.S. § 2856