Refine Search

House reinstates hike in oil tax bill

The House approved a tax hike on oil companies net profits to 25 percent Sunday afternoon, just one day after the House Finance Committee voted to keep the current rate of 22.5 percent...
Senate committee backs oil tax hike

...Finance Committee reversed its course Wednesday night and decided to back Gov. Sarah Palin's tax hike on oil companies' net profits. Sound off on the important issues at By agreeing to raise taxes from 22.5 percent to 25 percent, the committee...
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...
Three conflicts become key in special session Gross vs. net

...issues at Juneau's top two legislators began the special session opposed to Gov. Sarah Palin's plan to tax oil companies' net profits, hoping for a tax on gross revenues as well. "I've always been a gross tax girl," said Rep. Beth Kerttula...
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...
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...
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...
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...
Gov. delays bill at request of oil companies Juneau. The day and location of the meeting have not yet been set, Clark said. Murkowski wants to tax oil companies' net profits at a rate of 25 percent as part of his net-profits production tax, Murkowski administration spokesman Chuck...


  • Switchboard: 907-586-3740
  • Circulation and Delivery: 907-586-3740
  • Newsroom Fax: 907-586-3028
  • Business Fax: 907-586-9097
  • Accounts Receivable: 907-523-2270
  • View the Staff Directory
  • or Send feedback