Royalty and Mineral Tax Payment Issues
DGS has great depth of experience dealing with royalty and mineral production tax assessment disputes. Our trial lawyers are defending several class action royalty suits in the states of Colorado and Wyoming.
While we have vigorously defended our clients in these royalty and production tax disputes, we have also used our extensive experience dealing with gas marketing issues to extract our clients from this protracted and often expensive litigation. We have assisted a number of our clients in conducting internal audits of their marketing programs and the resulting revenue distributions to royalty owners. We have used this information to structure settlements with plaintiffs’ class counsel in royalty class action cases and with state government in production tax cases.
DGS has also taken a proactive role for a number of our clients by conducting internal audits of the royalty valuation and production tax valuation procedures to determine whether the client is in compliance with current case law in a particular state. We have then advised the client on various strategies for reducing potential liability to royalty owners or state taxing authorities by offering voluntary refunds or structuring a class action settlement.
For more information on the firm's experience in royalty and mineral tax payment issues, please contact Charlie Breer, Greg Danielson, or Judy Matlock.