Alaska Statutes
Title 43. Revenue and Taxation
Chapter 55. Oil and Gas Production Tax and Oil Surcharge

Article 1. Oil and Gas Production Tax.

Sec. 43.55.011. Oil and gas production tax. - (a) [Repealed, § 34 ch 2 TSSLA 2006.] (b) [Repealed,...

Sec. 43.55.014. Payment in gas of tax for gas. - (a) For gas produced on and after January 1, 2022,...

Sec. 43.55.017. Relation to other taxes. - (a) Except as provided in this chapter, the taxes imposed...

Sec. 43.55.019. Oil or gas producer education credit. [See delayed repeal note.] - (a) A producer of oil or gas is allowed a...

Sec. 43.55.020. Payment of tax. - (a) For a calendar year, a producer subject to tax...

Sec. 43.55.023. Tax credits for certain losses and expenditures. - (a) A producer or explorer may take a tax credit...

Sec. 43.55.024. Additional nontransferable tax credits. - (a) For a calendar year for which a producer's tax...

Sec. 43.55.025. Alternative tax credit for oil and gas exploration. - (a) Subject to the terms and conditions of this section,...

Sec. 43.55.028. Oil and gas tax credit fund established; cash purchases of tax credit certificates. - (a) The oil and gas tax credit fund is established...

Sec. 43.55.029. Assignment of tax credit certificate. - (a) An explorer or producer that has applied for a...

Sec. 43.55.030. Filing of statements. - (a) A producer that produces oil or gas from a...

Sec. 43.55.040. Powers of Department of Revenue. - Except as provided in AS 43.05.405 - 43.05.499, the department...

Sec. 43.55.050. Incorrect returns. - The department may determine whether or not a return required...

Sec. 43.55.060. Delinquency. - When the tax provided for in this chapter becomes delinquent,...

Sec. 43.55.075. Limitation on assessment and amended returns. - (a) Except as provided in AS 43.05.260(c), the amount of...

Sec. 43.55.080. Collection and deposit of revenue. - Except as otherwise provided under art. IX, sec. 17, Constitution...

Sec. 43.55.090. Refunds. - In case of overpayment, duplicate payment or payment made in...

Sec. 43.55.110. Administration. - (a) The department may adopt regulations for the purpose of...

Sec. 43.55.135. Measurement. - For the purposes of AS 43.55.011 - 43.55.180, except as...

Sec. 43.55.150. Determination of gross value at the point of production. - (a) For the purposes of AS 43.55.011 - 43.55.180, the...

Sec. 43.55.160. Determination of production tax value of oil and gas. - (a) For oil and gas produced before January 1, 2022,...

Sec. 43.55.165. Lease expenditures. - (a) For purposes of this chapter, a producer's lease expenditures...

Sec. 43.55.170. Adjustments to lease expenditures. - (a) A producer's lease expenditures under AS 43.55.165 must be...

Sec. 43.55.180. Required report. - (a) The department shall study (1) the effects of the...

Article 2. Conservation Surcharge on Oil.

Sec. 43.55.201. Surcharge levied. - (a) Every producer of oil shall pay a surcharge of...

Sec. 43.55.211. Use of revenue derived from surcharge. - The legislature may appropriate the annual estimated balance of the...

Sec. 43.55.221. Suspension and reimposition of the surcharge. - (a) Not later than 30 days after the end of...

Sec. 43.55.231. Surcharge not imposed. - (a) The surcharge authorized by AS 43.55.201 is not levied...

Sec. 43.55.299. Definitions. - In AS 43.55.201 - 43.55.299, (1) “response account” means the...

Article 3. Additional Conservation Surcharge on Oil.

Sec. 43.55.300. Surcharge levied. - (a) Every producer of oil shall pay a surcharge of...

Sec. 43.55.310. Use of revenue derived from surcharge. - The legislature may appropriate the annual estimated balance of the...

Article 4. General Provisions.

Sec. 43.55.890. Disclosure of tax information. - Notwithstanding any contrary provision of AS 40.25.100, and regardless of...

Sec. 43.55.895. Applicability to municipal entities. - (a) Notwithstanding AS 29.35.670(a) or other provision of law, a...

Sec. 43.55.900. Definitions. - In this chapter, (1) “barrel of oil” means 42 United...