What would be the tax consequences for Alaskans who choose to “Own a Piece of the Pipe?”
The issues related to taxation and the treatment of this investment will depend on the final structure of the program and the investment entity involved, the treatment of PFD checks as investments into the entity, and the federal and state tax laws then in effect. I will work as Governor to eliminate any negative tax consequence at the state level for people wishing to participate in this opportunity. We may also have to work with our Congressional Delegation to insure the individual Alaskans and Alaska businesses that participate in this program don’t face unnecessary tax consequences at the federal level. And as always, individuals and entities wishing to participate in this program would need to seek out tax advice from their own trusted professionals based on their own situation before making a final investment decision.
