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Berkowitz backs away from dramatic change in oil tax plan

...then-Gov. Sarah Palin and Parnell, the lieutenant governor, joined with the Legislature to pass Alaska's Clear and Equitable Share Act, known as ACES. Berkowitz said Alaska should abandon its severance tax system, and negotiate a separate royalty...
Alaska sitting pretty

...production has been masked by the increase in oil prices, but the industry is complaining about Alaska's Clear and Equitable Share Act, the Palin-era oil tax that raised billions for the state. "We know that the oil and gas sector is screaming...
Oil companies ask for tax relief

...not winning that competition," she said. All the companies said the state's tax law, Alaska's Clear and Equitable Share Act, discourages investment in Alaska and that Parnell's bill should be passed. "We support his effort to reform...
Juneau's unopposed delegation outlines their agendas

...Creek and Valley areas, she said. She's also concerned that the state's oil tax law, Alaska's Clear and Equitable Share act, is discouraging investment in Alaska, and will look at whether the "progressivity," which raises the tax rate...
Federal spending joins oil to stabilize state's finances

...that will require being conservative with spending increases, he said. Galvin credited the Alaska's Clear and Equitable Share Act, passed under the leadership of former Gov. Sarah Palin, with getting the state a fair share of its oil profits...
Senate hands Palin oil tax victory

...absolutely every decision," she said. The oil companies objected when Palin proposed her Alaska's Clear and Equitable Share act, and began an advertising campaign with their allies in Alaska's business community against it. Company executives...
Chamber lobbied on oil tax

...considering a new proposal by Republican Gov. Sarah Palin to raise oil taxes. With a plan called Alaska's Clear and Equitable Share Act, the governor wants to raise the tax on net profits from 22.5 to 25 percent. The oil industry is paying almost...
Jobs up since ACES oil tax adoption

...corrupt lobbying for a lower tax rate by an oilfield services firm, the state in 2007 adopted Alaska's Clear and Equitable Share Act, which raised taxes further.In the years since, employment continued to rise, Bishop said. He presented numbers...
Legislators hear defense of ACES as Judiciary Committee meets in Capitol

A legislative committee Friday looked at the state's oil tax law, called, Alaska's Clear and Equitable Share act, or ACES. The Senate Judiciary Committee watched a PowerPoint presentation asking the question: "ACES: Is it Working?" hosted...
State's largest producer makes pitch for tax bill

...particularly troubling to the company when it makes investment decisions is the "progressivity" in Alaska's Clear and Equitable Share Act oil tax regime. ACES' progressivity means tax rates go up when profits rise, and that makes the state less likely...


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