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Anchorage Attorneys

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	Alaskan Oil Tax
	The state House seesawed Sunday on the suitable rate to tax the Alaska profits of oil companies. After selection to lift up the base tax rate to 21.5 percent, House members quickly upturned that decision to stick with a 20 percent rate. The debate sustained late into the night on a major repair of the state's oil tax system. The bill would replace the state's production tax with a one based on profits, and would include tax credits and incentives meant to encourage new searching and development. Lawmakers have been debating and shifting the tax rate since Gov. Frank Murkowski introduced the bill in February. "If we make this into a good bill, the Senate will...


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