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Revenue officials explain tax credit issue flagged by Walker

JUNEAU - State Revenue department officials told lawmakers Monday that the tax credits that were a source of contention in an opinion piece by Gov. Bill Walker...
Gov: Unsustainable for tax breaks to exceed oil tax revenue

...incentives, giving away more in tax breaks than the state collects in revenue is irresponsible, and unsustainable.The Revenue department says production taxes yielded $2.6 billion for the state in 2014 but are estimated to total $524 million this...
Walker: Unsustainable for tax breaks to exceed oil tax revenue

...proposed change will be rooted in solid analysis. We're in the analysis phase right now."According to the state Revenue Department, oil and gas production taxes yielded $2.6 billion for the state in 2014. Those taxes are estimated to total...
State | AK legislature
Walker: Alaska will weather fiscal storm

...18 months for the (excess) supply to drop. After that, we believe the price will edge up."Davis said the Revenue Department has projected an average oil price of $76 per barrel for the current fiscal year, which is now about half over...
State faces $3.5B deficit amid lower oil prices

...dip into savings to get by. Gov. Bill Walker, who took office Dec. 1, has warned of lean times ahead.The Revenue Department said oil prices were the biggest factor in the revenue drop from the prior forecast. It also cited increases in...
Alaska Editorial: Democrats never let good news go to waste

...barrels per day better than the Revenue Department forecast in December, and...squares in that pool.The Revenue Department is, as it should be, conservative...One can only imagine if the Revenue Department released a rosier forecast...
Revenue department working to strengthen administration's argument for cutting oil taxes

JUNEAU - Alaska's Revenue Department is working to strengthen the Parnell administration's argument for cutting oil production taxes.Revenue Commissioner Bryan...
State board sets value of TAPS at $10.2B

...Under state law, the state Revenue Department determines the taxable value...ExxonMobil.Appeals of the Revenue Department's assessment are the TAPS owners and the Revenue Department, and tended to agree with...
Big Oil almost erases decline for FY 2014

...hiked production over what was expected by the state Revenue Department.The estimated daily average for fiscal year 2014...economists Loren Crawford and Tim Harper, in the Revenue Department's Economic Research Group, compiled the production...
Evolution of Alaska's oil taxes

...of economists in the state Revenue Department who had long argued that sustain production, the revenue department argued. It was, overall...there were tweaks that the Revenue Department considered necessary, and...


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