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ND New Laws

ND New Laws

Jan 1, 2014 at 5:41 am

The New Year rings in a handful of new laws in North Dakota, most of which deal with tax issues.
 
     Beginning Wednesday, large oil companies are required to withhold taxes on oil royalty payments paid to those who live outside North Dakota. Previously, a nonresident who earned a royalty from an oil or gas well could remit the taxes to the state.
 
     Incoming Tax Commissioner Ryan Rauschenberger says that made collections lag for more than a year in some cases.
 
     Another new law effective Wednesday allows the Tax Department to collect a 2 percent tax on prepaid cellular phones and cards to support emergency 911 services.
 
     The Tax Department estimates the new tax will raise $1 million over the next two years.

 

 

 

 

 

 

 

 

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