Oil and Gas Production Tax
Idaho imposes a tax on oil and gas produced in Idaho.
Tax rate
Oil and gas are taxed at the rate of 2.5% of the gross income earned for the sale of oil and gas. The tax applies whether the sale occurs at the wellhead or after transportation of the product.
Forms/publications
- 29 Idaho Oil and Gas Production Tax Statement - Monthly (08-24-2018)
Filing
The tax is paid quarterly and is due by the 20th day of the month following the end of the reporting quarter.
