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Buccaneer bankruptcy demand hits businesses, agencies

...been contacted by local businesses regarding the demand for preference payments. Seaton said he contacted the Alaska Department of Revenue to see if the state still owed Buccaneer tax credits. If it did, Seaton said he asked to see if the money...
Mlynarik appointed to Marijuana Control Board

...utilizing existing staff to support the board and will only be hiring a small number of new positions."The Alaska Department of Revenue estimates that tax revenues from commercial marijuana sales will generate between $5.1 million to $9...
Cook Inlet oil companies heavy consumers of tax credit reimbursements

Presenters at a joint meeting of the House and Senate Resource Committees on Wednesday, identified Cook Inlet companies as heavy users of oil tax credits.
Tax season comes with surprises

...another issue facing Alaskans is reporting Permanent Fund Dividends, which is taxable income, according to the Alaska Department of Revenue. Because the 2014 PFD was more than $1,000, dependents under 18 years of age who received a PFD also need...
Voices of Alaska: The hard truth about our oil revenue

Imagine your family's biggest source of income plummeting by 80 percent in one year. At today's oil prices, that's Alaska's situation.
What others say: University will need strong leader, support from state

The announcement earlier this month that University of Alaska President Pat Gamble will retire in June comes at a challenging time for the university system. No one can begrudge President Gamble his decision, of course.
What others say: Alaska needs budget leadership

Alaska's political leaders once again will be reaching for the antacids as the state confronts a colossal loss of revenue because of the tumbling price of oil.
Buccaneer bankruptcy leaves millions in unpaid bills

Buccaneer Energy Ltd. and its family of subsidiaries filed for bankruptcy in May, leaving millions worth of unpaid bills in Alaska. The Australia-based independent's debt in the state is more than $2.
LNG review board holds first meeting monthly between now and December, he said.Meeting documents and presentations are available on the Alaska Department of Revenue website: Osowski can be reached...
Here's the Thing: With PFD check comes reality check

It's that time of year again. The Alaska Department of Revenue gives qualifying Alaskan citizens a chunk of money called a Permanent Fund Dividend, and this year it's a big one. After adding...


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