Gross Production Tax Bond
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Gross Production Tax BondGross Production Tax Bond is a A state tax imposed on companies that generate revenues by depleting non-renewable resources. Such companies include producers of oil and gas, coal miners and miners of metals and minerals.
Gross Production Tax BondDepending upon credit this bond can range from 1% to 10% and higher.
There may be an option for financing on bonds with high ratings for clients with challenged credit.
($125 minimum bond fee applies).