0:58
Dan Stickel
180:58 - 181:57
"We estimated under our baseline modeling first payments of the pass-through entity tax of $29 million in 2036, increasing to $65 million in 2041 and up to $358 million by 2051"
“We estimated under our baseline modeling first payments of the pass-through entity tax of $29 million in 2036, increasing to $65 million in 2041 and up to $358 million by 2051”
- Speaker
- Dan Stickel
- Timestamp
- 180:58 – 181:57
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 27, 2026
From the transcript
For the midstream producer, we did assume that net operating losses and depreciation would offset the revenues for the first several years of production. We estimated under our baseline modeling first payments of the pass-through entity tax of $29 million in 2036, increasing to $65 million in 2041 and up to $358 million by 2051, and then remaining at that higher level for the remainder of the modeling period. Do want to note, in, in relation to some of the, the questions around who the taxpayer is, these assumptions include an assumption that 100% of of the midstream ownership would be subject to the tax. And so if you did have a situation where the state were to buy in a 75% or some other tax-exempt entity, it would be a reduction to the numbers shown here. That's for the full AKLNG project under the Phase 1 scenario.