Published 4 days ago • loading... • Updated 22 hours ago
What! They don’t pay taxes?
Hilcorp’s 2020 purchase of BP’s Alaska assets left profits outside the state corporate tax code, and lawmakers still have not resolved the revenue gap.
Hilcorp, in acquiring BP’s Alaska assets, follows a record of cooperation with our state government that by working together each will formulate a tax solution that will be instrumental in the continued development of Alaska’s energy industry.