MRP 118: Guide to Proposed Tax Law Changes for Mineral and Royalty Owners

You may have seen the headlines regarding the proposed tax law changes that are being considered in the U.S. as a way to help pay for the $1.2 trillion Infrastructure Bill and the related $3.5 trillion budget resolution.  There are several proposed changes that may have significant effects on mineral rights and royalty owners. From the way that estate taxes are paid on mineral rights to elimination of the percentage depletion deduction, oil and gas mineral and royalty owners could be faced with a big tax bill. In this episode, Justin and I summarize the current proposals and campaign promises and what they might mean for you and your family. As always, you can go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]