
Bert Stedman
29:35 - 29:59
"when we look at the Alaska corporate income tax rate, then could it be looked at an incentive to be a Subchapter S and not pay that?"
“when we look at the Alaska corporate income tax rate, then could it be looked at an incentive to be a Subchapter S and not pay that?”
I would have to refer back to our research, Chairman, but I think it's the— for this class of industrial project, I think it's a standard rate. Senator Steadman. Thank you, Mr. Chairman. Well, when we look at the Alaska corporate income tax rate, then could it be looked at an incentive to be a Subchapter S and not pay that?
Senate Finance heard Wednesday that British Columbia's LNG Canada project received federal tax deferrals and accelerated depreciation before final investment decision, creating a competitive fiscal framework Alaska must consider as it weighs property tax alternatives for Alaska LNG.
