Form Mt11 - Instructions Sheet
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12003 Taconite Production Report
Filing requirements
producer’s three-year production average by
Minerals tax office
the tax rate. The 2003 tax rate is $2.103 per
You must file a Minnesota taconite produc-
taxable ton.
tion report, Form MT11, if you produce
Call 218-744-7420
iron ore concentrate, taconite pellets,
We will notify you of the total tax due by
taconite chips or fines. All reports must be
February 16.
Minnesota Relay 711 (
)
TTY
filed on a calendar year basis.
Payment
Software-generated forms
For 2003, 50 percent of the payment is due
Our street address:
If you use your own software, the informa-
February 24 and 50 percent is due
Minnesota Revenue,
tion must be in the same format as our own
August 24. Payments are made to the county
612 Pierce St. Eveleth, MN 55734
MT11 form.
auditors and the Iron Range Resources and
Our web address
Rehabilitation Board (IRRRB).
Due dates
All payments must be made electronically
Form MT11
by a funds transfer as defined in
We’ll provide this information in other
Form MT11 must be filed on or before
formats upon request to persons with
MS 336.4A-104.
February 1.
disabilities.
Distribution of tax
The U.S. postmark date, or date recorded or
marked by a designated delivery service, is
The production tax is distributed to the
Tax rate history
considered the filing date. When the due
taxing districts by the county auditors
date falls on a Saturday, Sunday or legal
according to MS 298.28.
Tax rates per taxable ton
holiday, reports postmarked on the next
business day are considered on time. When
Penalties
1980 .... $1.733
1992 .... $2.054
a report is filed late, the date it is received at
Late filing. If you do not file your report on
1981 ...... 1.916
1993 ...... 2.054
the Department of Revenue is treated as the
1982 ...... 2.078
1994 ...... 2.054
time, a penalty of 10 percent of the total tax
date filed.
1983 ...... 2.047
1995 ...... 2.054
due will be added to the tax.
1984 ...... 2.107
1996 ...... 2.094
Notification of tax due
Late payment. If you do not pay the tax due
1985 ...... 2.048
1997...... 2.141
The Department of Revenue determines
on time, a penalty of 10 percent of the
1986 ...... 1.900
1998 ...... 2.141
how much tax is due from the information
unpaid amount will be added to the tax.
1987 ...... 1.900
1999 ...... 2.141
filed on your MT11. We multiply each
1988 ...... 1.900
2000 ...... 2.173
1989 ...... 1.975
2001 ...... 2.103
1990 ...... 1.975
2002 ...... 2.103
1991 ...... 2.054
2003 ...... 2.103
Form MT11
Part 1
• Stockpiles reported as production (you
allocated to each taxing district. Complete
do not need to enter the analysis again if
this section
if:
Flux and moisture corrections
it is essentially the same as what was
Part 1 is required so that all companies are
1. A product is crushed in more than one
reported in Part 2).
reporting moisture and flux corrections
taxing district; for example, if the primary
• Stockpiles not yet reported as production,
consistently.
crushing is done in one district and a
such as bin inventory.
secondary crushing is done in another; or
Part 2
• Stockpiles held by common-carrier
2. Power is generated by the company in a
Production, crude ore mined
railroads in Duluth, Superior, or Two
taxing district different from the one
Harbors. This information is not used to
and shipments
where the main plant is located. This also
compute production tax, but helps
Part 2 provides information on where the
applies to tailing facilities located in
determine inventory levels and provides
taconite was mined so that the tax can be
different taxing districts from the plant.
additional information for production
distributed accurately.
Part 4
forecasting.
Credit for chips and fines sold
Part 3
Section B lists the locations of the stock-
Part 4 identifies the tons of chips and fines
Stockpile and concentrating data
piles.
sold during the calendar year.
Section A identifies stockpiles of pellets or
Section C shows how concentrating
finished concentrate. List separately:
(crushing) and power generation is
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