Gas tax reduces progressivity
ACES base tax, royalties on gas would increase revenues; lower value of gas per boe would reduce progressivity surcharge
Alaska’s production tax on natural gas may need to be changed to accommodate a major gas sale from the North Slope, but as it stands now, it would benefit companies selling both oil and gas by reducing the overall progressivity surcharge.
That was the conclusion Deputy Revenue Commissioner Marcia D....
[additional news subjects in this story]
State in middle of pack
Banks: economics of gas vary
Benefit to selling both
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.