In January of 2012 the AAMDC began its input gathering process regarding the review of the Well Drilling Equipment Tax (WDET) Regulation. The Regulation is currently set to expire on December 31, 2012 and the AAMDC has been working to understand the concerns and opportunities for improvement within the regulation.
At the Spring 2012 Convention, the AAMDC announced its interest in understanding the actual revenue levels that municipalities source through the Well Drilling Equipment Tax. Today’s bulletin is a formal request to municipalities who collect revenue through the WDET to submit the following information to the AAMDC:
Your municipality’s seven year history (2005-2011) of
annual revenues collected through the WDET
Enquiries may be directed to: