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Response to Questions About the Windfall Profit Tax on Alaskan North Slope Crude Oil

GGD-85-12 Published: Dec 10, 1984. Publicly Released: Dec 20, 1984.
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Highlights

Pursuant to a congressional request, GAO answered questions concerning the amount of windfall profit tax collections on Alaskan North Slope oil and the methods used to determine oil producers' tax liabilities.

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Energy
Cost analysisDomestic crude oilExcess profitsFederal taxesGovernment collectionsLiability (legal)Petroleum pricesPetroleum productsTariffsCrude oil