Larger revenues, higher taxes for BP
Company paid $1.3B State of Alaska taxes through first half of 2008, still increasing profits year over year on higher oil prices
Although record oil prices helped BP Exploration (Alaska) Inc. increase revenues by two-thirds between last year and this year, the company saw its tax burden jump more than $1 billion during the same time, according to financial filings released Aug. 1.
The Alaska subsidiary of the London-based oil....
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BP hit four ways on new tax
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