severance taxes

A form of severance tax — A state tax on the extraction of nonrenewable natural resources (such as minerals, petroleum, or natural gas) that will be used in another state.

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Meanings

noun
  1. pluralplural of severance tax
Cite this entry
APA

severance taxes. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/severance%20taxes

MLA

“severance taxes.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/severance%20taxes. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “severance taxes,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/severance%20taxes.

Source: severance taxes on Wiktionary, CC BY-SA 4.0.