
Jennifer Gray
99:23 - 100:08
"the tax imposed under this section does not apply to— go to line 7— income of an Alaska liquefied natural gas project. So we heard earlier about a parasite being added to this bill that would kill this gas line project. Well, it wouldn't, because this gas line project is immune from the, quote, parasite, because it doesn't apply."
“the tax imposed under this section does not apply to— go to line 7— income of an Alaska liquefied natural gas project. So we heard earlier about a parasite being added to this bill that would kill this gas line project. Well, it wouldn't, because this gas line project is immune from the, quote, parasite, because it doesn't apply.”
What we're doing is making it fair. C-corps have always paid this tax, we would like other entities that make millions and millions of dollars of profit in Alaska to also be treated fairly. Um, I also want to point out on page 28, if you'll turn to page 28 and look at line 3, the tax imposed under this section does not apply to— go to line 7— income of an Alaska liquefied natural gas project. So we heard earlier about a parasite being added to this bill that would kill this gas line project. Well, it wouldn't, because this gas line project is immune from the, quote, parasite, because it doesn't apply.