anyone else getting "proposed tax notices" from Texas counties (San Augustine) on undeclared, unpaid royalties? where do these guys get off notifying owners of mineral rights that we're gonna be liable for county, school & hosp district taxes that the unnamed/unsigned "Chief Appraiser" has declared based on his/her's calculated ESTIMATED royalty payments not even received? Is govt so outta control they can just TELL us what they think we ought to pay? Anyone interested in a class action suit if push comes to shove?
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Yes , I am interested in class action suit as well. I am out of town owner as well. Keep me posted on the events, You can find me on face book as well under Shawn Holmes, Lubbock Texas
You my boy, must be either a PUBLIC EMPLOYEE paid by taxpayer's dollars or an attorney (no comment). Appraisals are JUST THAT...an "idea" of some public employee's decision what the value on an unrealized asset COULD BE depending on palatability of his/her morning's cup o coffee. We moved out of the State of Taxes once the property my husband owned and operated our business on was taxed based on the county's appraisal district's latest appraised value which was increased 2-1/2 times its previous appraised value. Deep pocketed developer wants ALL the properties to redevelop for hotel & adjoined shopping area & had only to push financials towards powers that be to elevate appraisals for coveted properties. Government is inherently GREEDY and knows NO LIMITS when it comes to sucking off the productive populace. Now for the puppies, you're so busy stopping to pee with them your view of the back of the pack won't ever change. Not everybody or maybe ANYBODY agrees with you. Get over it!
Hi Jon, I agree when ANY individual reaps an income the consequences are TAXES due. It's only my opinion, but it should be the duty of the operator to report ACTUAL royalties paid, IF ANY. When the taxing county's authority (loose description) takes it upon him/herself to arrive at a value pulled from God knows where....the mineral rights owner becomes inconveniently liable for successfully disputing and correcting the erroneous value. It's much more advantageous to the taxing authority when the owner of mineral rights or paid royalties LIVES OUT OF THE STATE, especially when the deadline for disputing taxed value is inside 30 days. These govt people know the general populace is scrambling to make both ends meet in the middle but they've taken an adversarial attitude towards taxpayers and will die before they'll make any concessions. FTR....we've personally NEVER, NOT paid our taxes, be they income, real property, business personal property, corporate, franchise, sales & use, gift & on & on. The tax demon is alive & well & hungry as hell. We're just tired of getting our hands bitten off feeding the b-----d.
Don't know about San Augustine county............ but the appraisers are publicly known people... real easy to find out who this 'unnamed' appraiser is. You can protest via mail... not necessary to be there in person.
Sad to say.... if they drill on your minerals, you WILL be paying property taxes on those royalties. If you don't... they'll be sold on the courthouse steps in short order. Here, in Panola County, it's usually several years before they're sold for back taxes. I've found most property taxes are in the 12% range. I'd rather have 88% of something, than 100% of nothing.
If your ready for a fight, are you going to spend thousands of dollars on attorneys, to tilt at windmills for you, on an obviously losing battle? If there is a well drilled, you Will get paid, and you Will pay taxes. They're not taxing you on minerals... minerals aren't taxed till they're drilled and produced...
I've been at several of the tax lien royalty auctions.... most poor souls realize the insanity of losing a gold mine for a bag of pennies, and pay up within an hour of the lien sale.
Yes, we are on Jayhawks DU Well 1 H in San Augustine, Texas. Haven't received a penny as of yet even though they have been pumping for nearly a year or more. Does anyone know what's going on? Any info would be greatly appreciated.
Joann Nance
Your reserves in the ground have been evaluated and taxed. Has nothing to do with whether or not you have received royalty payments.
So we can be billed (taxed) for Natural Gas and Oil reserves that are down there, but not being released by the controlling companies that drilled the wells or own them(?) due to reduced choke settings, then again once it does come out of the ground, and yet again when it is sold?????
Sounds like might be time to take Texas County and State Governments to task.... or bury a few of them!!! If it was the Mafia, I could understand it, but this is suppose to be an internal Government of the United States. How can taxing like this be legal????
And if they are not paying Royalties, where is the monies suppose to come from to pay these taxes???? With some of the issues, penalties, threats of lawsuits and now 'special' taxes, I am beginning to wonder why I should even sign any leases on these properties we own!!! So far the only thing I am getting from any of my families Texas, Louisiana and Arkansas holdings is headaches!!!
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