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.

Filing

The tax is paid monthly and is due by the 20th day of the month following the end of the reporting month.

Laws and rules