Cloud Peak Energy

Coal taxes
6:12 pm
Wed October 23, 2013

Affiliate coal sales draw renewed scrutiny

Credit Duncan Harris / Creative Commons

An unfolding court case might change how Powder River Basin coal is taxed in Montana. Last week, a Montana district court heard oral arguments in a lawsuit pitting Cloud Peak Energy against the state.

The state is asking for $3.4 million in back taxes, arguing that Cloud Peak underpaid between 2005 and 2007 by selling to an affiliated company at below-market value.

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