Kotzebue, AK – Thursday, the Northwest Arctic Borough (NAB) and the operator of the Red Dog Mine, Teck Alaska, announced that a proposed new 10-year Payment in Lieu of Taxes (PILT) Agreement has been negotiated by the parties and will be considered later this month for final approval. The agreement, if approved, would provide an […]
JUNEAU – This week, economists with the Alaska Department of Revenue produced a report analyzing how much Alaska generates in oil production taxes after the state pays out subsidies in the form of oil tax credits. The report shows that in the next fiscal year, FY 2018, the state of Alaska is slated to pay […]
During last week’s National Prayer Breakfast, President Donald Trump vowed to “totally destroy” the Johnson Amendment, a 62-year-old provision in the U.S. tax code that prevents certain tax-exempt organizations, secular and religious, from political campaigning. His remarks have sparked debate over the line between Church and State in America. The U.S. Internal Revenue Service (IRS) […]
With threats of trade and immigration wars with Mexico looming ever closer, food producers and shippers in the U.S. are working hard to speed up exports to Mexico and find alternative markets for their goods. Mexico in one of the largest export markets for farm production in the country. Producers and shippers are attempting […]