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Report: 1,580 IRS workers evaded taxes

...said."Given its critical role in federal tax administration, the IRS must ensure that its employees comply with the tax law in order to maintain the public's confidence," said J. Russell George, Treasury inspector general for tax administration...
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House panel advances bill to nix state employee pay raises

...prices. But Gara, D-Anchorage, said the state has other options, and he brought up the topic of the state's oil tax law, which he has argued needs to be revisited. Meanwhile, House and Senate negotiators are working to reconcile differences...
Complaints arise over implementing new oil tax law

ANCHORAGE - Implementation of Alaska's new oil tax law is getting complaints from the people it was designed to help.Oil industry officials say proposed new rules are confusing and...
Revenue officials explain tax credit issue flagged by Walker production taxes this year and about $400 million more next year. He referenced the 2013 rewrite of Alaska's oil tax law, saying the overhaul occurred with little consideration given to low prices. Giving away more in tax breaks than the...
My Turn: Blaming oil tax for deficit is wrong

...stable tax policy encourages the oil industry to increase investment. More investment equals more oil.Secondly, the new tax law changed the way tax credits are issued. Now they are tied to production to provide incentives to put more oil in the pipeline...
Walker administration won't revisit SB21

...a while to see if it does what it's supposed to do. I don't think there's any appetite to take on an oil and gas tax law in the near future."Sen. Pete Kelly, R-Fairbanks, said he was happy to hear the commissioner's response."As...
State | AK legislature
On the topic of pot: Legalization and law

...developing processes for strict compliance with product development, testing, and tracking regulations, complying with tax law, etc., etc. The list really does go on and on."The law as it was passed leaves a lot still to be determined by state...
State releases oil tax regs

...qualifies for special tax breaks under Alaska's new oil tax law.The law championed by Gov. Sean Parnell and passed by...will get to vote next summer on whether to repeal the oil tax law in a referendum. Kerttula, a critic of the new law...
State | AK legislature
Estate tax law should be changed, not killed

...which already control 38 percent of the nation's riches. With bipartisan cooperation, moderate changes in the estate tax law can and should be made. Scheduled per-person increases in tax exemptions ought to be accelerated, and exemptions for...
Jobs up since ACES oil tax adoption

Employment is up in Alaska's oil and gas industry since the adoption of the ACES oil tax law was adopted, the legislators were told Friday, contradicting one of the key claims of Gov. Sean Parnell and other advocates...


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