HB 288 proposal faces industry objectionsTax Division, North Slope, Cook Inlet producers testify on bill which would increase minimum crude oil production tax from 4% to 7% Kristen Nelson Petroleum News
The House Resources Committee took testimony Jan. 26 and 29 on House Bill 288, which would increase the minimum crude oil production tax from 4 percent to 7 percent.
Ken Alper, director of the Department of Revenue’s Tax Division, told the committee Jan. 26 that the minimum 4 percent tax currently....
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