{"data":{"id":"us-ak/as-43.20.012","jurisdiction":"us-ak","citation":"AS 43.20.012","heading":"Limitation on application of chapter; credits.","body":"(a) The tax imposed by this chapter does not apply to\n(1) an individual;\n(2) a fiduciary;\n(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\n(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.\n(b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013.\n(c) [Repealed, § 5 ch 55 SLA 2023.]\n(d) [Repealed, § 5 ch 55 SLA 2023.]","path":["Title 43. Revenue and Taxation.","Chapter 20. Alaska Net Income Tax Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#43.20.012","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:28Z","sha256":"52843c764b916982f116a995a38e7fa2a542c07f46ff058ed0d19b5e3501f31a","source_id":"us-ak","stale":false,"prev":"us-ak/as-43.20.011","next":"us-ak/as-43.20.013"},"notice":"GroundRules: Original legal text. Not legal advice."}