GroundRules
AS 43.20.012: Limitation on application of chapter; credits.
Where this section sits in the code
- Title 43. Revenue and Taxation.
- Chapter 20. Alaska Net Income Tax Act.
(a) The tax imposed by this chapter does not apply to
(1) an individual;
(2) a fiduciary;
(3) the income received by a regional association qualified under AS 16.10.380 or nonprofit corporation holding a hatchery permit under AS 16.10.400 from the sale of salmon or salmon eggs under AS 16.10.450 or from a cost recovery fishery under AS 16.10.455; or
(4) the income received by a nonprofit corporation holding a permit under AS 16.12.010 from the sale of shellfish under AS 16.12.080 or from a cost recovery fishery under AS 16.12.090.
(b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013.
(c) [Repealed, § 5 ch 55 SLA 2023.]
(d) [Repealed, § 5 ch 55 SLA 2023.]
Collected 2026-09-02T06:19:28Z. Source file · JSON