Legislators vote to close tax loophole(WDAY TV) -- The oil industry could see a big change.
By: WDAY Staff Reports, WDAY
(WDAY TV) -- The oil industry could see a big change.
Legislators voted to close a tax loophole the tax department says is costing the sate 50-million dollars each year. The measure also gives the Three Affiliated Tribes a greater share of the taxes collected from reservation oil production.
Nothing is finalized, the governor still must approve the measure.