# Tax on minerals
**URL:** https://www.mineralrightsforum.com/t/tax-on-minerals/57532
**Category:** Yoakum County, TX
**Created:** [May 23, 2020, 4:59am UTC](https://www.mineralrightsforum.com/t/tax-on-minerals/57532 "2020-05-23T04:59:04Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@William\_G\_Terry\_Jr](https://www.mineralrightsforum.com/u/William_G_Terry_Jr)
#### Post date: [May 23, 2020, 4:59am UTC](https://www.mineralrightsforum.com/t/tax-on-minerals/57532/1 "2020-05-23T04:59:04Z")
Just received tax appraisal for Yoakum minerals. Will take over six months of royalty payments to pay taxes. Has anyone run into this for 2020? Looking for solution to this dilemma. Called tax office, said nothing will change. Suggestions anyone?
---
### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [May 23, 2020, 12:40pm UTC](https://www.mineralrightsforum.com/t/tax-on-minerals/57532/2 "2020-05-23T12:40:56Z")
This thread may help.
You have to fill out the protest form timely.
> [@Texas Property Tax on Producing Wells & Minerals](https://www.mineralrightsforum.com/t/texas-property-tax-on-producing-wells-minerals/57326):
>
> Texas counties are about to send out the 2020 property valuations for producing minerals and wells. Valuations are based on average prices in 2019, production volumes, decline curves and estimated well life on January 1, 2020. Generally the taxes due have been around 3% of annual income. This will certainly not be the case where prices have fallen so precipitously and many wells are being shut in or having the production choked back. The state of Texas General Land Office (GLO) is allowing well…
---
### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 21, 2020, 4:59am UTC](https://www.mineralrightsforum.com/t/tax-on-minerals/57532/3 "2020-08-21T04:59:09Z")
This topic was automatically closed after 90 days. New replies are no longer allowed.