Business Intelligence
Report: ANCSA regional corporation revenues dipped in 2016 Alaska Native regional corporations shared $234 million in natural resource production revenues among themselves in 2015, according to the latest information from the ANCSA Regional Association. Shared revenues, required under Section 7i of the Alaska Native Claims Settlement Act, were mostly from petroleum and minerals. Since 1982, the year revenue-sharing began, distributions have totaled $3.2 billion. Seventy percent of revenues are required to be shared with other Native regional corporations as well…