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Vol 21, No. 36 Week of September 04, 2016
Providing coverage of Alaska and northern Canada's oil and gas industry


The complex story of state tax credits

A system to incentivize oil and gas exploration has evolved over the years, along with different tax regimes and changing priorities

ALAN BAILEY

Petroleum News

Characterized as oil industry subsidies by some and as state resource investments by others, the various tax credits the state of Alaska offers for oil and gas exploration and development have become a major headache in balancing the state’s fiscal books in an era of low oil prices. The tax credit s....

    [additional news subjects in this story]

Changing tax regime

Exploration credit

Qualified capital expenditure

Per-barrel credit

The tax credit payment challenge

The changing state tax credit payments


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