STATE POLICIES AND PRACTICES IN COAL SEVERANCE TAXATION
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While a wealth of comparative geologic and economic information exists on coal reserves, there is a paucity of data on state coal severance tax policies and practices. The authors endeavour to produce a comparative data base by surveying state tax officials regarding existing tax practices. Several patterns emerge. Revenue enhancement is the major justification for the tax, but it is often linked to other economic considerations. Tax rates are based on either the volume or the value of coal mined. Revenues are most often allocated to special funds focusing on the external costs of coal production. -from Authors