0:24
Matt Claman
49:21 - 49:45
"They were set up as a limited liability company. Company like over 11,000 companies in Alaska and because we have no personal income tax, when they came to Alaska there was no tax on them. There was no loophole. They came up with the existing structure."
“They were set up as a limited liability company. Company like over 11,000 companies in Alaska and because we have no personal income tax, when they came to Alaska there was no tax on them. There was no loophole. They came up with the existing structure.”
- Speaker
- Matt Claman
- Timestamp
- 49:21 – 49:45
- Community
- Alaska News
- Captured at
- July 16, 2026
From the transcript
They were set up as a limited liability company. Company like over 11,000 companies in Alaska and because we have no personal income tax, when they came to Alaska there was no tax on them. There was no loophole. They came up with the existing structure. And if we wanted to talk about a loophole, we could talk about a Moose's Tooth loophole for the pizzeria in Anchorage that is an LLC that I think is quite profitable and keeps building more restaurants around the city.
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