Oil & Gas Taxes Detail Report Instructions - 2007

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STATE OF NEW MEXICO - NEW MEXICO TAXATION AND REVENUE DEPARTMENT
RPD - 41135
REV.
12/2007
P . O. Box 2308 E Santa Fe, NM 87504-2308 E (505) 827-0812
OIL & GAS TAXES DETAIL REPORT
Instructions
A separate Form RPD-41132, Oil & Gas Taxes Detail Report must be
include: The Enhanced Oil Recovery Act and the Natural Gas and
filed for each sales month included in the Form RPD-41131 Oil & Gas
Crude Oil Production Act. If you have not received authorization to
Taxes Summary Report. Example: X operates ten production units,
use a special tax rate code, please leave the column blank.
pays tax on the product sales and is submitting a Form RPD-41131
which covers activity that occurred at each unit during the months
Affiliation Column - Use 01 to indicate that the line entry being
of January, 2007, through March, 2007. X must submit 3 separate
reported was transported, processed or sold through an affiliated
Form(s) RPD-41132 reports with a single Form RPD-41131.
or non-arms length transaction. If the line entry being reported was
transported, processed or sold through an arm’s length transaction,
Beginning on the left side of the form, enter your company's name.
use 00.
In the center of the form, indicate the page number of this form as
page _____ of _____ pages. On the right, identify the sales month
Transaction Column - Enter the transaction code which describes
and year being reported on this page and just below list the company
the general purpose of a reported line entry on the Form RPD-41132.
Oil and Gas Reporting Identification (OGRID) Number. Numbering
Transaction codes are a set of pre-defined numbers, assigned by the
of pages in sequential order is critical for processing of the data to
state, which are used for reporting Oil and Gas Taxes. The transac-
allow the Department's system to provide accurate information to
tion codes to be used are:
the taxpayer. The report should indicate total pages for the entire
report, not the individual sales month.
51 Regular Payment - indicates payment of taxes on an original line
entry or a correction to a previously reported original line entry
Report the activity of each production unit/suffix on a separate line
52 Estimated Transaction - indicates an original line entry for
on the Form(s) RPD-41132 for the appropriate sales month.
which the facts regarding volume, value, adjustments and allowable
adjustments are not fully known at the time of filing (the reported
COLUMN INSTRUCTIONS
detail line is estimated and based on the best known information)
53 Correction of an Estimated Transaction - indicates amending
Production Unit Number (PUN) Column - Enter the production unit
entries where a previously reported entry utilized transaction code
number being reported for each line on the form.
52.
55 Audit and Compliance Exception Payment - indicates detail
Suffix Column - Enter the suffix identification for the production
line entries in response to a desk review or an audit conducted by
unit number being reported for each line on the form.
the New Mexico Taxation and Revenue Department.
57 Royalty-in-kind - indicates no royalty deduction allowed on the
Product Code Column - Enter the appropriate code for the product
tax detail line
being reported which was produced by the production unit during
59 Settlement Payment - refers to line-entry reporting being made
the sales month. Product codes are:
as a result of an action by a third-party Federal or State Agency (e.g.
FERC tariff change) or an out-of-court settlement (e.g., Operator vs.
01
Oil (BBLS)
Purchaser price dispute).
02
Condensate (BBLS)
71 Indian Intergovernmental Sales - indicates a detail line entry
03
Processed (Residue) Natural Gas (MCF)
from which the tax reported qualifies for the “Indian Intergovernmen-
04
Unprocessed (Wet) Natural Gas (MCF)
tal Tax Credit”. In most instances a transaction code 72 detail line
05
Pit, Skim and Slop Oil (BBLS)
will also be reported.
07
Gas Plant Products (Equivalent MCF)
72 Indian Intergovernmental Tax Credit - indicates an entry taking
08
Helium (MCF)
a tax credit as a result of qualifying for the “Indian Intergovernmental
Tax Credit”. The volume, value and deduction columns should be
14
Oil, Lost (BBLS)
left blank.
16
Gas, Lost - Flared or Vented (MCF)
75 Jicarilla Apache Tribal Capital Improvements Tax Credit -
17
Carbon Dioxide Gas (MCF)
indicates an entry taking a tax credit as a result of a qualifying well
with respect to oil and gas production from Jicarilla Apache tribal land
and is an offset to the tax imposed by the Jicarilla Apache Nation,
Special Tax Rate Code Column - A numeric, two digit code unique
and identified as the Jicarilla Apache Tribal Capital Improvements
to a reported line most often related to specific legislation. Examples
Tax. The volume, value, deductions, royalty should be left blank. Use
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