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Vol. 22, No. 10 Week of March 05, 2017
Providing coverage of Alaska and northern Canada's oil and gas industry


Ruggiero: Less complicated taxation system better

Consultant recommends stable petroleum system, profit-based, not price-based, with NOLs applied only against production

KRISTEN NELSON

Petroleum News

If Alaska’s petroleum taxation system were simplified it would make audits easier as well as making paperwork more straightforward for companies paying production taxes in the state. Such a system would be based on profits not prices and taxes would be bracketed, as are federal income taxes, reduci....

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Net system

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