Pipeline communities near TAPS tax settlement

Trans-Alaska Pipeline System. (Photo by Alaska Department of Natural Resources)
There is a tentative settlement in long-running series of court actions between local government and the owners of the Trans-Alaska Pipeline System, or TAPS. The Fairbanks Borough and other governmental entities in Barrow and Valdez have been wrangling for years about the tax-value of the pipeline. The tentative agreement not only settles outstanding cases but also stems future appeals for five years.
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