Administration releases ACES draft
Revenue Commissioner Galvin says no unexpected difficulties encountered — bill reflects principles governor outlined in September
Information and auditors, along with an increased tax rate, are key aspects of the draft bill for a new production tax — “Alaska’s clear and equitable share” or ACES — introduced by the administration of Gov. Sarah Palin Oct. 1.
ACES would replace the petroleum profits tax or PPT enacted by the adm....
[additional news subjects in this story]
Auditors addressed in bill
State wants more info, sooner
Information now years late
Tax rate goes up to 25%
Alaska oil tax forum set for Oct. 11
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