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Voices of Alaska: State's financial dialogue must continue be done to ensure this issue is part of our discussion about Alaska's fiscal situation.Under Alaska's oil and gas production tax system, an oil and gas company may receive a credit for a portion of each dollar they spend exploring for or...
Walker: Nothing off the table in Alaska budget talks

...earnings reserve account.Increases in statewide costs, such as pension system payments, debt service, and oil and gas production tax credits, account for a large portion of the increases in the operating budget over the last nine years, the...
Voices of Alaska: The hard truth about our oil revenue

...plummeting by 80 percent in one year. At today's oil prices, that's Alaska's situation. The state's oil and gas production tax is expected to bring the state $524 million in the current fiscal year, a shocking drop from the $2.6 billion...
Gov: Unsustainable for tax breaks to exceed oil tax revenue solid analysis. We're in the analysis phase right now."According to the state Revenue Department, oil and gas production taxes yielded $2.6 billion for the state in 2014. Those taxes are estimated to total $524 million this fiscal...
Alaska faces $3.5 billion deficit amid lower oil prices

JUNEAU (AP) - Slumping oil prices have helped push Alaska's potential budget deficit this year to $3.5 billion - an increase of $2.1 billion from what lawmakers expected in April.
State releases revenue forecast

JUNEAU - The state is expecting nearly $2 billion less in oil and gas production taxes this year, which Revenue officials say has more to do with lower-than-expected oil prices and declining production than with...
ISER backs Revenue on tax impact

...on the university's Institute of Social and Economic Research website, as Web Note No. 17, "Alaska's Oil and Gas Production Tax: Comparing the Old and the New."While the new tax law might impose higher taxes on companies in some years...
District O candidates square off

...direction. Both were asked how they would vote on Ballot Measure 1, the referendum to repeal Senate Bill 21, the oil and gas production tax. Micciche said to stay competitive with other oil and gas producing states something had to be done and Alaska's...
"Closer Look" at the More Alaska Production Act

...with opinions and arguments on just what the More Alaska Production Act, as SB 21 has become known which is the oil and gas production tax passed by the legislature and signed into law by Governor Parnell, will or won't accomplish. A petition to...
Seaton, Diament debate the issues

...first question asked the candidates if they were comfortable with ACES, Alaska's Clear and Equitable Share oil and gas production tax, or would they support change to a system based more on investment or production.Believing ACES to be "a...


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