Tax S Corporations — Alaska Legislators Work for Alaskans, Not Glenfarne

Close the S Corporation tax loophole. Glenfarne and companies like it are operating in Alaska, profiting from our resources and infrastructure, while structured specifically to avoid paying corporate income tax. That is not a tax policy — it is a giveaway, and Alaskans are footing the bill. Alaska legislators answer to the people of this state, not to out-of-state energy developers looking to maximize their take. If Glenfarne wants to do business here, they should pay taxes here like every other business. Pass legislation that subjects S Corporations to Alaska corporate income tax and close this loophole for good.