Mining Tax Guide - Minnesota State Legislature

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Year Figure 27 Occupation Tax Collected on Iron Ore, Direct Reduced Iron and Taconite Production Tons produced (000s) Iron ore Direct Reduced Iron Occupation tax (000s) Tons produced (000s) Occupation tax (000s) 1967 25,480 $12,646 - - 24,311 $1,611 49,791 $14,257 1969 22,511 10,968 - - 33,410 2,285 55,921 13,253 1970 21,172 9,278 - - 35,348 3,161 56,520 12,439 1972 14,439 6,376 - - 34,554 3,659 48,993 10,035 1974 17,654 9,698 - - 41,053 10,092 58,707 19,790 1976 9,494 6,480 - - 40,575 18,270 50,069 24,750 1978 5,905 3,937 - - 49,545 19,266 55,450 23,203 1980 2,221 1,000 - - 43,060 13,808* 45,281 14,808 1981 1,664 1,232 - - 49,369 11,372* 51,033 12,604 1982 789 719 - - 23,445 0* 24,234 719 1983 851 499 - - 25,173 2,386* 26,024 2,885 1984 850 442 - - 35,689 10,606* 36,539 11,048 1985 1,465 394 - - 33,265 4,070* 34,730 4,464 1986 1,122 343 - - 25,451 5,866* 26,573 6,209 1987 1,403 789 - - 32,109 5,356 33,512 6,145 1988 743 294 - - 39,772 2,993 40,515 3,287 1989 603 160 - - 39,882 350 40,485 510 1990 417 11 - - 42,522** 2,057 43,593 2,068 1991 406 32 - - 39,922** 2,008 40,328 2,040 1992 528 38 - - 38,850** 1,551 39,956 1,589 1993 145 0 - - 40,485** 1,709 40,630 1,709 1994 318 22 - - 42,448** 2,302 42,766 2,324 1995 349 87 - - 45,857** 3,072 46,206 3,159 1996 441 176 - - 44,711** 2,460 45,152 2,636 1997 501 213 - - 45,688** 2,508 46,007 2,721 1998 392 87 - - 45,196** 2,152 45,588 2,238 1999 235 0 - - 42,156** 1,183 42,391 1,183 2000 400 168 - - 45,762** 1,341 46,162 1,509 2001 150 56 - - 32,360** 0 32,510 56 2002 161 0 - - 38,313** 1,341 38,473 1,341 2003 0 0 - - 34,935** 1,442 34,935 1,442 2004 0 0 - - 40,178** 4,911 40,178 4,911 2005 0 0 - - 40,202** 6,560 40,202 6,560 2006 0 0 - - 39,668** 7,736 39,668 7,736 2007 0 0 - - 38,687** 10,358 38,687 10,358 2008 0 0 - - 39,927** 23,388 39,927 23,388 2009 71 0 - - 17,645** 340 17,717 340 2010 90 0 74 0 35,984** 12,617 36,148 12,617 36 Tons produced (000s) Taconite Occupation tax (000s) Tons produced (000s) * Actual tax collected as adjusted by the provisions of M.S. 298.40. For additional information, see the 1991 Minnesota Mining Tax Guide or contact the Minnesota Department of Revenue, Minerals Tax Office, Eveleth. ** Refer to Figure 26 — Beginning with 1990 production, the Minnesota Department of Revenue changed from natural weight to dry weight. Totals Occupation tax (000s)
Figure 28 Taconite Industry Occupation Tax Report Averages on a Per Ton Basis Occupation tax paid Taxable value of production Royalty Admin. and misc. expense Sales and use tax paid Taconite & property tax paid Average value1 Transportation2 Cost of beneficiation 3 Cost of Development mining 4 Tons produced (000 tons) Year 1982 23,445 53.95 12.66 31.01 6.23 2.21 0.42 0.27 4.44 2.08 (5.37) 0.14 1983 25,173 56.19 13.03 26.62 4.95 1.49 0.37 0.19 4.82 1.83 2.88 0.45 1984 35,689 56.48 13.08 19.85 4.23 2.00 0.27 0.20 4.53 1.69 10.63 0.84 1985 33,265 47.10 13.06 19.29 4.24 1.57 0.29 0.19 4.40 1.65 2.41 0.30 1986 24,017 47.14 13.02 18.47 4.32 0.90 0.32 0.22 4.48 1.50 3.69 0.26 1987 32,109 26.77 0.05 15.60 3.28 0.56 1.68 0.18 3.38 1.28 0.76 0.17 1988 39,786 24.33 14.90 3.56 0.86 1.52 0.19 2.73 1.18 (0.61) 0.08 1989 39,882 24.42 15.90 4.16 1.08 1.83 0.23 3.02 1.16 (2.97) 0.01 1990 43,176 27.44 16.29 4.51 1.08 1.93 0.26 3.01 1.13 (0.76) 0.05 1991 40,619 28.75 16.84 4.67 1.36 2.10 0.27 3.53 1.16 (1.17) 0.05 1992 39,428 28.86 17.00 4.49 1.43 2.10 0.27 4.28 1.29 (1.99) 0.04 1993 40,485 28.98 16.09 4.49 1.26 1.94 0.27 4.05 1.08 (0.21) 0.04 1994 42,448 30.14 16.43 4.71 1.58 1.94 0.27 3.76 1.09 0.38 0.05 1995 45,857 32.53 16.62 4.70 1.56 1.85 0.25 3.71 1.22 2.63 0.07 1996 44,618 31.75 18.01 5.28 1.68 2.04 0.27 4.02 1.27 (0.83) 0.06 1997 45,659 32.50 17.50 4.95 1.82 2.04 0.22 3.91 1.18 0.89 0.06 1998 45,196 32.69 17.58 4.94 1.64 2.03 0.03 3.90 1.19 1.25 0.05 1999 42,125 31.02 18.17 5.42 1.62 2.11 0.08 3.96 1.19 (1.57) 0.03 37 2000 45,762 32.03 19.14 4.98 1.62 2.13 0.12 3.55 1.32 (0.86) 0.03 2001 32,291 30.75 19.25 5.88 1.15 2.35 0.09 4.88 1.25 (4.09) 0.00 2002 38,313 31.68 16.74 5.16 1.27 1.92* 0.07 3.24 1.11 2.18 0.04 2003 34,935 33.37 16.11 5.74 1.05 1.72 0.08 3.73 1.24 (0.37) 0.04 2004 40,178 42.15 18.30 6.06 0.94 2.00 0.04 4.35 1.52 8.95 0.14 2005 40,202 47.60 20.94 6.68 1.24 1.91 0.11 4.67 2.17 9.89 0.16 2006 39,668 54.97 22.85 7.61 1.47 2.02 0.14 5.45 2.22 13.21 0.20 2007 38,687 61.35 25.25 8.17 1.40 2.09 0.14 5.65 2.55 16.10 0.27 2008 39,927 80.96 26.58 9.27 1.94 2.28 0.14 5.89 3.15 31.71 0.59 2009 17,645 58.69 31.51 10.42 1.61 4.12 0.16 13.24 2.84 (5.21) 0.02 2010 35,984 80.31 29.31 10.40 1.54 1.87 0.22 4.54 3.31 29.12 0.35 1. This average value will not match the values on Figure 24, because this is an average of all taconite produced (acid, flux, chips, concentrate). 2. Transportation consists of the rail and lake transportation allowance and marketing and marine insurance from the occupation tax directives through April 30, 1987. 3. Cost of beneficiation includes beneficiation labor, supplies, depreciation, interest, and miscellaneous, Figure 29. 4. Cost of mining is the total mining labor, mining supplies and depreciation, Figure 29. For 1990 and later, the information on the above table comes from the Production Cost Summary Information Report (based on the pre-1990 Occupation Tax Report). Occupation Tax Report no longer provides this detail.
Page 1 and 2: This document is made available ele
Page 3 and 4: 2011 PRODUCTION TAX DISTRIBUTION ..
Page 5 and 6: The Minnesota Mining Tax Guide is p
Page 7 and 8: Figure 3 History of Minnesota Tacon
Page 9 and 10: Definition The taconite production
Page 11 and 12: Distribution of Funds (M.S. 298.28)
Page 13 and 14: The index is calculated as follows:
Page 15 and 16: (c) Occupation Tax Grandfather Amou
Page 17 and 18: Douglas J. Johnson Economic Protect
Page 19 and 20: Figure 8 Taconite Residential Homes
Page 21 and 22: Name Figure 10 Taconite Production
Page 23 and 24: 166 Cook County 5 1996 2016 $503,46
Page 25 and 26: Million Tons 40 35 30 25 20 15 10 5
Page 27 and 28: Year Production tons (000’s) Prod
Page 29 and 30: Iron Range Resources & Rehabilitati
Page 31 and 32: Figure 20 FY 12 Iron Range Resource
Page 33 and 34: Figure 22 Taconite Industry Investm
Page 35 and 36: Final Directive - 2010 Occupation T
Page 37 and 38: Year Figure 23 Occupation Tax Mine
Page 39: Figure 26 Crude Ore Mined Company 2
Page 43 and 44: Income Tax Withholding on Mining an
Page 45 and 46: Figure 31 Average Royalty Cost Per
Page 47 and 48: Mandatory Electronic Payments If yo
Page 49 and 50: Aggregate material is nonmetallic n
Page 51 and 52: Ad Valorem Tax on Auxiliary Mining
Page 53 and 54: 1996 4,448,800 1997 10,900 34,900 2
Page 55 and 56: Ad Valorem Tax on Severed Mineral I
Page 57 and 58: Taxes on Other Mining and Explorati
Page 59 and 60: Occupation Tax-Corporate Income Tax
Page 61 and 62: M.S. 298.225 — A Minnesota statut
Page 63 and 64: Index Map - Minnesota Mesabi Map Se

Mining Tax Guide - Minnesota State Legislature

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