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

More

Anchorage police arrest suspect in train monument vandalism

ANCHORAGE — Anchorage police acting on a tip have arrested a teenager suspected of painting graffiti on a train locomotive that stands as a monument... Read more

Renovations planned for UAS Ketchikan maritime facilities

KETCHIKAN — Construction is expected to start later this year on a nearly $6 million overhaul of University of Alaska Southeast Ketchikan’s Regional Maritime and... Read more

Walker: Up to 45,000 Alaskans could lose coverage with GOP bill

JUNEAU — Gov. Bill Walker says as many as 45,000 Alaskans could lose health care coverage under a Republican bill proposed in the U.S. House.... Read more

Around the Web

 

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