January 4, 2013

Did Taxes Play Role In Shell Accident?

Ben Anderson, Alaska Dispatch

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Hopes of avoiding millions in state taxes may have faded for Royal Dutch Shell when the clock struck midnight on Jan. 1 and 2012 became 2013. Just hours earlier, its Arctic drill rig, the Kulluk, had grounded on an island in the Gulf of Alaska, exposing Shell to a unique Alaska property tax on equipment dedicated to oil and gas development and exploration.

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TAGGED: Alaska, Shell Oil