Seaton wants return to separate accountingTells House Resources Committee change would provide fair, equitable treatment among taxpayers; no rate change in taxes proposed Kristen Nelson For Petroleum News
Rep. Paul Seaton, R-Homer, is proposing that Alaska return to separate accounting for calculation of corporate income tax for oil and gas companies. Currently the state uses worldwide apportionment, and Seaton told House Resources April 17 that when corporate entities outside Alaska are less profita....
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