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Lawmakers again review oil taxes

...this year introduced a bill replacing Alaska's oil and gas production tax with one based on 20 percent of oil companies' net profits in Alaska. He also proposes changing the state's Stranded Gas Development Act to give him the legal standing...
Palin's tax plan makes a comeback

...than the governor originally proposed. The House Resources version reinstated Palin's 25 percent tax on the oil companies' net profits, along with a higher "windfall profits" rate that kicks in when oil prices are strong. Rep. Anna Fairclough...
Pipeline corrosion deduction issue a holdover from May

JUNEAU - As the Alaska Legislature spends its last week of a special session wrangling over a tax hike to oil companies' net profits, there still is the matter of a certain $130 million tax break to resolve. Sound off on the important issues...
Restoring public trust may be behind rush for a new oil tax

...drag it out," said House Speaker John Harris, R-Valdez, whose members backed Palin on a tax hike on the oil companies' net profits from 22.5 percent to 25 percent Sunday night. The change could mean billions to state coffers. "I think...
Palin promotes oil tax in Anchorage

...Palin said. The proposal, called Alaska's Clear and Equitable Share, would put a 25 percent tax on oil companies' net profits, or the value of the oil minus operating expenses and pipeline and tanker charges. That puts more of a burden...
New oil tax pitched again, details still uncertain

...van Meurs made last month, but this time he examined tax rates between 17.5 percent and 25 percent of the oil companies' net profits, and tax credit rates between 15 percent and 20 percent. In those scenarios, the state would take in anywhere...
Democratic leader slams Murkowski for oil-tax bill delay

...requested a meeting in Juneau. The governor had settled on a tax rate for the new production at 25 percent of the oil companies' net profits, plus a 20 percent tax credit for whatever money they spend reinvesting in the state. Berkowitz said he was...
Alaska Digest

...lawmakers say there is little choice. Gov. Frank Murkowski introduced a plan two weeks ago to tax 20 percent of oil companies' net profits. Passage of the bill has been linked to finalizing a deal with BP PLC, Exxon Mobil Corp. and ConocoPhillips...
Oil tax numbers wrong, consultant says

...concerns about Gov. Frank Murkowski's proposal to replace the state's production tax with one based on oil companies' net profits. After nearly two weeks of presentations and analysis, there is just one certainty, Eason said: The numbers...
House passes 'unsustainable' budget that would affect that outcome is a plan to replace Alaska's oil production tax with a tax based on oil companies' net profits. That system, if approved, would bring the state hundreds of millions more in revenue each year when the...


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