Tax Division sets workshop on regs

The Department of Revenue’s Tax Division has a public workshop scheduled for Jan. 14 on potential changes in its regulations to implement legislation passed in November changing the state’s oil and gas production tax and on a proposed interim form for monthly reporting of certain information relating to the production tax.

The division said principal subjects to be addressed at the workshop are tax credits and qualified capital expenditures. A draft version of the proposed interim form for reporting monthly information on North Slope oil production, North Slope lease expenditures and tax credits is available on the division’s Web site at www.tax.alaska.gov; select the “ACES Production Tax” choice from the “Tax Division Links.”

The workshop will be held in Room 240 in the Atwood building at 550 West 7th Ave., Anchorage, on Monday, Jan. 14, from noon to 4 p.m.