Loading...
HomeMy WebLinkAbout20192042.tiffBAYSWATER EXPLORATION & PRODUCTION, LLC 73c 7TH STREET, SUITE 500 • DENVER, CO 80202 • 303-893-2503 CHECK NO. 099839 1905 -AP -222 05/21/19 CHKREQRG052 110.14 119 REFUND SEVERANCE TAXES WITHHELD IN ERROR 0.00 110.14 RECEIVED MAY 2 4 2039 rn MI COUNTY S 2019-2042 L -S o l40 2227 WELD COUNTY 05/22/19 110.14 rant n_lnn DR 21-w COLORADO DEPARTMENT OF REVENUE INSTRUCTIONS FOR PREPARING FORM DR 21w Box 1-5 Enter the information requested. Line 6 Enter the total gross payments made to the interest owner on both cash basis and accrual basis. For cash basis, report all payments made during the year even if they are for prior period production or are take or pay payments for future production. For accrual basis, report payments on all production during the calendar year, even if they are not disbursed to the interest owner within the year. Line 7 Enter that portion of payments, on both the cash and accrual basis, that are for tax exempt oil production from a stripper well. Line 8 Enter the amount of ad valorem tax on both cash and accrual basis. For cash basis, report only ad valorem taxes actually paid to the county assessors during the year. For accrual basis, report the actual ad valorem tax amount assessed at the mill levy date (usually in November of December) within the year. Line 9 Enter the amount of ad valorem tax for both the cash and accrual basis that related to the oil production from a stripper well. Line 10 Enter amount of severance tax actually withheld and remitted to Colorado Department of Revenue for the calendar year. Box 11 (Si 12 Enter information as required. INSTRUCTIONS FOR RECIPIENTS OF FORM DR 21w Any producer, working, royalty or other interest owner of oil and gas produced in Colorado is required to pay severance tax. Every producer of first purchaser is required to withhold 1% of the gross income paid to every owner, and to supply an oil and Gas withholding Statement by March 1 of each year. This oil and Gas withholding statement form lists your gross income from the property indicated and the amount the producer or first purchaser has withheld. It also lists your share of any ad valorem taxes paid. You must attach one copy of this form to your "Colorado Severance Tax Return" (DR 0021) in order to claim credits. If you need additional information about severance tax order FYI -General #4 Severance Tax Information for Owners of any interest in any oil and Gas (Including Carbon Dioxide Produced in Colorado) from the Department of Revenue by phoning the Forms order Hot Line (303)232-2414 or via the internet at http:/www.revenue.state.co.us RECEIVED M:AR WELD COUNTY COMMSSIoNFPc DR 21-w COLORADO DEPARTMENT OF REVENUE DENVER CO 80261-0005 OIL AND GAS WITHHOLDING STATEMENT FOR CALENDER YEAR 2018 COLORADO SEVERANCE TAX WITHHELD FROM OIL SHALE AND OIL/GAS PAYMENTS Owner No..'fi''':f'" Owner Tax Id. 846000813 1. well Name: 2. Lease: 3. Field: 6. GROSS PAYMENTS 7. GROSS PAYMENTS ATTRIBUTABLE TO STRIPPER WELL PRODUCTION 8. AD VALOREM TAX ON OIL AND GAS PRODUCTION 9. AD VALOREM TAX ATTRIBUTABLE TO STRIPPER WELL PRODUCTION 10. SEVERANCE TAX WITHELD 4. County: S. Colorado Oil and Gas Conservation Commission Lease Number: CASH BASIS $10,972.29 $9,549.90 $603.53 $525.27 $109.71 (or"' ACCRUAL BASIS $10,846.77 $10,846.77 $383.68 $383.68 - - # d H.3 kil-/ Vig If filing on a fiscal period, this information is not correct. Consult your distribution statements or payor for correct amounts. 11. Name, Address & Social Security or Colorado Acct No of Payee: 12. Name, Address & Colorado Acct No or Federal I.D. No of Payor: May 6, 2019 flECEIVE MAY 13 2019 lit Bayswater Exploration & Production 730 17th Street Denver, CO 80202 RE: Withholding Taxes CLERK TO THE BOARD 1150 O STREET P.O. BOX 758 GREELEY, COLORADO 80632 PHONE: 970-400-4225 FAX: 970-352-0242 Enclosed please find a copy of our Sales Tax Exemption Certificate. As a county government, we are tax exempt from ad valorem and severance taxes. According to the enclosed statement, you are withholding taxes on one or more of our leases. Please correct your records so taxes are not withheld in the future. Also, please refund the taxes withheld and send to Clerk to the Board, Weld County Government, Attention Jessica Reid, P.O. Box 758, Greeley, Colorado, 80632. If you have questions or need additional information, please do not hesitate to contact me at. (970) 400-4212. Sincerely, Jessica Reid Deputy Clerk to the Board jreidaweldgov.com Hello