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This information is provided for strictly informational purposes only and should not be relied upon in lease negotiations. The results are based upon information that you provide. If you wish to provide more background information on an offer you have received, please leave it at the bottom of this page.

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Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…

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