With tens of millions at stake, feud over trans-Alaska pipeline value heads to court
Alaska’s major oil companies, and three municipalities, have filed separate appeals of a state tax board decision that set the value of the pipeline at $13 billion.
INVESTIGATIVE SERIES · ECONOMY
Ongoing reporting on the multi-billion dollar municipal tax valuation battle between oil majors and the State of Alaska.
Alaska’s major oil companies, and three municipalities, have filed separate appeals of a state tax board decision that set the value of the pipeline at $13 billion.
But the decision is likely to head to be appealed to the courts.
Hundreds of millions of dollars in property taxes for the state, the North Slope and Fairbanks boroughs and the city of Valdez could be at stake.