North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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By Sarah Hurst
Mining News Editor 

Alaska miners propose taxing themselves

Senator's bill would provide stable fiscal regime; creates property tax on large mines in unorganized boroughs

 

Last updated 4/24/2005 at Noon



Alaska's minerals industry has taken the surprising step of working with a state legislator to propose a new property tax on large mines. It isn't a purely humanitarian gesture: most of all, mining companies are looking for stability in the tax system and this bill would provide them with a way to estimate their costs more accurately.

Senate Bill 179, introduced by Sen. Gene Therriault, R-Nort...



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