15-30-269. (Effective January 1, 2008) Remitter to furnish annual statement to department. (1) On or before February 28 of each year, each remitter shall file with the department a royalty and tax statement, on a form provided by the department, that shows the total royalties paid to each royalty owner subject to withholding during the preceding calendar year or any portion of the preceding calendar year and the total amount of the tax deducted and withheld from the royalty payments under the provisions of 15-30-261 through 15-30-272 for the same period.
     (2) The annual statement filed by a remitter under this section complies with the requirements of 15-30-301 relating to the duties of information agents. An additional information return is not required with respect to the royalty payments.
     (3) The department shall make the forms described in 15-30-266 and this section available no later than November 15, 2007.

     History: En. Sec. 9, Ch. 468, L. 2007.