
Nicholas Fulford
27:38 - 28:22
"these tax concessions have been offered for Canada and that it represents a competitive framework to consider"
“these tax concessions have been offered for Canada and that it represents a competitive framework to consider”
So you can see there that already there's a potentially more favorable tax treatment in Canada. Um, has to be said, of course, that the BC upstream tax and royalty mechanism is different to the one here in Alaska. So, so there is that difference as well. But as you consider, um, you know, property tax and, and volumetric tax and other features which you might want to consider for this, it is worth bearing in mind that, um, these tax concessions have been offered for Canada and that it represents a competitive framework to consider. So I think that was my last prepared slide.
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.
