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Oil and Gas Production Tax Alaska Department of Revenue Form

Oil and Gas Production Tax Alaska Department of Revenue Form

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[Music] welcome to enter your meeting ID followed by pound enter your participant ID followed by town otherwise just press pound to continue you are in the meeting now there are 17 participants in the meeting this meeting is being recorded just you you it's actually a higher tax than aces was until 110 it requires all data including sales price and costs that may be proprietary in nature to be made available for the public so anything any contractor any employee all of that becomes publicly available data it switches to a monthly severance tax to or from an annual to a monthly severance tax and while that may you don't care about that you think oh who cares the companies have lots of accountants and auditors and they can easily do this monthly tax calculation but if you're a company like ConocoPhillips that has ownership in the Colville River unit and in Kapaa Uruk and in Prudhoe Bay and in other areas they could easily see filing 72 tax filings a year which mea

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