TAPS value: $8.7 billionState board settles on figure far above what owners say Alaska pipeline is worth; big difference in estimated end-life of line Wesley Loy For Petroleum News
A state panel that hears oil and gas property tax appeals has set the 2011 assessed value of the trans-Alaska pipeline system at $8.67 billion.
That’s an upward adjustment of about 9 percent from the $7.93 billion value the Alaska Department of Revenue reached.
The State Assessment Review Board issu....
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Major revenue source Pipeline’s life expectancy
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