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Upsized ASAP may rattle AK LNG Project

...years until production revenues exceeded the tax credit deductions, according to financial modeling done by the Department of Revenue and presented to the House committee.The budget is what has everyone's attention in the capitol building...

http://peninsulaclarion.com/news/2015-03-01/upsized-asap-may-rattle-ak-lng-proje
News
Inlet rebound comes at cost to state during price plunge

...under the special tax provisions for the Inlet, they are also eligible for the cash refunds.Under state law the Department of Revenue cannot release information on which companies are applying for and receiving credits, but some small independents...

http://peninsulaclarion.com/trends/2015-02-23/inlet-rebound-comes-at-cost-to-sta
Trends
Tax season comes with surprises

...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...

http://peninsulaclarion.com/news/2015-02-16-0
News
Alaska lawmaker wants to examine state's credits, exemptions

...stamps must be affixed to cigarette packs for cigarettes sold in Alaska, with few exceptions, according to the Department of Revenue. The report recommends scrapping the discount, saying affixing the stamps should be considered a cost of selling...

http://peninsulaclarion.com/becky-bohrer/2015-02-01
News
Slope construction season still strong amid price plunge

...and are expected to increase to $4.88 billion in 2016, according to figures given by companies to the state Department of Revenue. The years are in state fiscal years, with the current fiscal year 2015 starting last July 1 and fiscal year...

http://peninsulaclarion.com/news/2015-01-11/slope-construction-season-still-stro
News
Voices of Alaska: The hard truth about our oil revenue

...tax meant to compensate Alaska for the taking of its oil resources. How is this situation possible? The Alaska Department of Revenue projects the state will pay $625 million to producers through various oil and gas production credits. Subtract...

http://peninsulaclarion.com/opinion/2015-01-08/voices-of-alaska-the-hard-truth-a
Opinion
Uncertain year for mega-projects

...half that, in the $2.5 billion range. For the 2016 fiscal year, which begins July 1, it gets worse; the Department of Revenue is predicted a little more than $2 billion of state revenue in its Fall 2014 Revenue Forecast released in mid-December...

http://peninsulaclarion.com/news/2015-01-06/uncertain-year-for-maga-projects
News
Marijuana regulation to remain on schedule

...Walker's meeting with representatives from the Department of Commerce, Community and Economic Development, the Department of Revenue and the Alcoholic Beverage Control Board was aimed at gauging where the agencies are in developing policies when...

http://peninsulaclarion.com/news/2015-01-03/marijuana-regulation-to-remain-on-sc
News
What others say: University will need strong leader, support from state

...precipitously this year, from $104.98 on Jan. 2 to $58.42 on Wednesday, the latest date listed on the Alaska Department of Revenue website. Oil revenue accounts for about 88 percent of the state's general fund revenue, so it should come as...

http://peninsulaclarion.com/opinion/2014-12-22/what-others-say-university-will-n
Opinion
What others say: Alaska needs budget leadership

...because of the tumbling price of oil.The Alaska Department of Revenue, in its annual fall forecast released last week...itself confronting. The projection released by the Department of Revenue last week is bleak: Nowhere in the next 10 years...

http://peninsulaclarion.com/opinion/2014-12-16/what-others-say-alaska-needs-budg
Opinion

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