Laws, Regulations & Annotations

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590.0000 MINES AND MINERALS

Annotation 590.0001

590.0001 Abandoned Mining Claim. If the "Notice of Abandonment of Mining Claim" is not recorded prior to the lien date, the taxpayer is considered the owner of those claims on the lien date. Therefore, they are properly assessable. Since the taxpayer failed to timely file an appeal application, the taxpayer may not proceed with a claim for refund under the exhaustion of administrative remedies principle. C 5/26/2010.