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Vol. 20, No. 18 Week of May 03, 2015
Providing coverage of Alaska and northern Canada's oil and gas industry


Seaton wants return to separate accounting

Tells 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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Loss of revenue cited

More work for state


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