The Michigan Department of Treasury issued information regarding the state’s severance tax on oil and gas production. The information includes the 2025 oil and gas fee, which is 1 percent, as well as the requirement to file monthly tax returns by the 25th of the month following production. Additionally, links to related resources on gas storage field reporting, stripper well and marginal property information, return, and schedule details are provided. [Mich. Dep’t of Treasury, Severance Tax, 05/01/25]
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