12/02/24 - 90 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/5xpcbut8
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Dept. Of Revenue Overestimated Marcellus Shale Tax Revenue By $56.5 Million
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The Tribune Review Tuesday reported the Department of Revenue overestimated the collection of state taxes from Marcellus Shale operations by $56.5 million.
The agency had reported property owners paid $102.7 million in state taxes on lease and royalty income when the actual figure was $46.2 million for 2010.
Since 2006, the state has collected an estimated $1.56 billion in taxes associated with Marcellus Shale drilling operations.
NewsClip: State Overestimates Tax Collections From Shale Gas Income |
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11/28/2011 |
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