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Alert The Tax Division Offices are closed to the public until further notice. This includes both the Juneau and Anchorage offices and lobbies. Please call (907)269-6620 for assistance. Our employees are still working and able to provide customer service over the phone.

SOME DEPARTMENT OF REVENUE TAX DEADLINES EXTENDED TO JULY 15, 2020.

DEPARTMENT OF REVENUE TAX COMPLIANCE PROGRAM TEMPORARY SUSPENSION PLAN

Notice of Extended Filing and Payment Deadline for Alaska Corporate Income Tax




15 AAC 55.171 (m) specifies how the average spot price for ANS at the US West Coast during a month is to be calculated for purposes of determining prevailing value. For the convenience of taxpayers and the public, the Tax Division calculates the average spot price each month and publishes the result on this web page. However, the Division does not guarantee the accuracy of these calculations, and in the event of a discrepancy between a calculation published here and the true average spot price as provided by the regulation, the provisions of the regulation control.

$ Per Barrel20202019201820172016201520142013201220112010200920082007200620052004
January65.47760.39669.14753.90430.21948.874103.819109.876111.87192.55779.33539.01191.15951.52362.84641.12533.100
February54.47865.02366.20254.72431.13953.845106.297112.757119.64796.78676.74142.77694.42256.99859.26243.58933.660
March33.21267.94266.60351.81338.10252.279107.907108.930122.678115.34179.45147.747105.06359.00760.60750.63235.505
April16.54272.15771.03353.33741.79458.486107.362104.576120.945120.86082.23246.558112.37063.91667.73749.74935.430
May28.21070.30476.12150.72046.61464.373108.060104.423110.546113.56774.23158.234125.41264.75569.31646.77239.066
June41.78364.32074.74647.37847.39964.401110.757104.00698.063111.07975.66469.797133.77669.10969.50053.67436.729
July65.99476.19349.18444.06656.197107.634111.341103.748114.46976.52964.530132.88075.93073.10456.67139.440
August61.13973.81851.36744.16848.257101.778110.568110.792106.94875.78371.523115.97673.83071.73862.40043.124
September63.83177.63454.81744.51448.83096.053110.483111.937113.73675.26669.200101.86279.72062.33063.46742.707
October62.83080.02857.55349.38548.20084.905104.820107.297110.83682.40674.27573.65084.77054.26860.36948.560
November64.96966.84462.80345.82844.23877.407101.284105.235115.64483.92876.52453.94092.98254.26156.10842.151
December66.97958.86163.79353.25837.14660.902108.190107.305106.54389.74775.11737.69988.63858.13257.16936.658


  • In January 2013, Reuters, a pricing service, deleted several daily Alaska North Slope (ANS) published estimated spot prices. These prices were for “market holidays.” Reuters ordinarily does not publish ANS spot prices on “market holidays.” This resulted in 2 revisions to the ANS West Coast (WC) Average Spot Price posted on the Department of Revenue website. ANS WC Prevailing Value for January 2012 increased from $111.794 to $111.871 and ANS WC Prevailing Value for September 2012 decreased from $111.971 to $111.937. The Department is posting this change because this revision affects the 2012 production tax return due on March 31, 2013.


  • In July 2013, Dow Jones (Telerate), a pricing service, erroneously posted incorrect daily Alaska North Slope (ANS) published estimated spot prices. These prices were issued July 17-22, 2013. This resulted in July 2013 revision to the ANS West Coast (WC) Average Spot Price posted on the Department of Revenue website. ANS WC Prevailing Value for July 2013 decreased from $111.614 to $111.341. The Department is posting this change because this revision affects the 2013 production tax return due on March 31, 2014.


  • One of the assessing services used to calculate the prevailing value has stopped publishing ANS crude assessments the day after Thanksgiving. As a result, ANS WC PV for November 2016 decreased from $45.882 to $45.828.


  • One of the assessing services used to calculate the prevailing value removed an ANS crude assessment for the day after Thanksgiving from its data set. As a result, ANS WC PV for November 2017 decreased from $62.859 to $62.803.


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