Oil and gas taxes charged by states

• Alaska, 25 percent-50 percent petroleum profits tax, depending on net value of oil and gas.

 

• Colorado, 2 percent-5 percent severance tax based on gross income.

• Kansas, 8 percent of gross value, less 3.67 percent property tax credit.

• Kentucky, 4.5 percent of gross value, less transportation expenses.

• North Dakota, 6.5 percent of gross value at well.

• Texas, 7.5 percent of market value.

• West Virginia, 5 percent of gross value.

Source: National Conference of State Legislatures/ AP

CONTACT US

  • Switchboard: 907-586-3740
  • Circulation and Delivery: 907-586-3740
  • Newsroom Fax: 907-586-9097
  • Business Fax: 907-586-9097
  • Accounts Receivable: 907-523-2230
  • View the Staff Directory
  • or Send feedback

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING

 

More

Alaska Senate to split session time in Juneau, Anchorage

JUNEAU — Members of the Alaska Senate do not plan to spend all their time in Juneau when the fourth special session this year convenes... Read more

Lawmakers hold hearings Monday on pipeline, SB 91 rollback

In a pair of hearings Monday, the Alaska Legislature will consider the past and the future.

Read more