0:33
Dan Stickel
80:50 - 81:24
"Under the AKLNG project, this would also apply to incremental revenue from the project. So we assume that about two-thirds of the upstream oil and gas production associated with AKLNG would be subject to corporate income tax. Um, this pass-through entity tax would apply to that remaining one-third of production. We assume that the midstream operator is not subject to corporate income tax. And so this pass-through entity tax would also apply to the midstream operator under our modeling."
“Under the AKLNG project, this would also apply to incremental revenue from the project. So we assume that about two-thirds of the upstream oil and gas production associated with AKLNG would be subject to corporate income tax. Um, this pass-through entity tax would apply to that remaining one-third of production. We assume that the midstream operator is not subject to corporate income tax. And so this pass-through entity tax would also apply to the midstream operator under our modeling.”
- Speaker
- Dan Stickel
- Timestamp
- 80:50 – 81:24
- Community
- Alaska News
- Location
- Alaska
From the transcript
Under the AKLNG project, this would also apply to incremental revenue from the project. So we assume that about two-thirds of the upstream oil and gas production associated with AKLNG would be subject to corporate income tax. Um, this pass-through entity tax would apply to that remaining one-third of production. We assume that the midstream operator is not subject to corporate income tax. And so this pass-through entity tax would also apply to the midstream operator under our modeling.
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