Sec. 43.20.144. Oil and gas producers and pipelines.
(a) All business income of a taxpayer engaged in the production of oil or gas from a lease or property in this state or engaged in the transportation of oil or gas by pipeline in this state shall be apportioned to this state in accordance with AS 43.19 (Multistate Tax Compact) as modified by this […]
Sec. 43.20.145. Affiliated groups.
(a) A corporation that is a member of an affiliated group shall file a return using the water’s edge combined reporting method. A return under this section must include the following corporations if the corporations are part of a unitary business with the filing corporation: (1) an affiliated corporation that is eligible to be included […]
Sec. 43.20.146. Public utilities.
Notwithstanding sec. 2, art. IV, of AS 43.19 (Multistate Tax Compact), and unless otherwise provided under AS 43.20.143 – 43.20.145, a taxpayer that is a public utility shall allocate and apportion income in accordance with the remainder of art. IV of AS 43.19 (Multistate Tax Compact).
Sec. 43.20.160. Administration.
(a) The department shall administer this chapter. (b) [Repealed, § 45 ch 113 SLA 1980.] (c) The department shall prescribe and furnish all necessary forms, and adopt and publish all necessary regulations in plain and concise language conformable with this chapter for the assessment and collection of the taxes imposed by this chapter. The department […]
Sec. 43.20.200. Review and assessment.
(a) As soon as practicable after a return is filed, the department may examine it and determine the correct amount of the tax. If an error is disclosed by the examination, the department shall so notify the taxpayer by first-class mail. The taxpayer may petition for redetermination of deficiency as provided in AS 43.05.240. (b) […]
Sec. 43.20.250. Action to enforce lien.
In a case where there is a refusal or neglect to pay a tax, including interest, penalty, additional amount, or addition to the tax, together with additional costs that accrue, the attorney general, at the request of the department may file an action in the superior court to enforce the lien of the state for […]
Sec. 43.20.270. Distraint on property.
(a) The department may collect taxes, with interest, penalties, and other additional amounts permitted by law, by distraint and sale, in the manner provided in this section, of the property of a person liable to pay the taxes, interest, penalties, or other additional amounts, who neglects or refuses to pay them within 10 days from […]
Sec. 43.20.275. Definitions for AS 43.20.250 – 43.20.270.
In AS 43.20.250 – 43.20.270, (1) “property” means all property, real and personal, tangible and intangible, a right, title, or interest to property, and, without limitation, stocks, securities, bank accounts, and evidences of debt; (2) “taxes” includes deficiencies in respect to the taxes.
Sec. 43.20.047. Liquefied natural gas storage facility tax credit.
(a) A person that is an owner of a liquefied natural gas storage facility described in (b) of this section that commences commercial operation before January 1, 2020, may apply a refundable credit against a tax liability that may be imposed on the person under this chapter or receive the amount of the credit in […]
Sec. 43.20.290. Exclusive state authority.
No tax may be levied and collected upon the net income of resident or nonresident individuals by a general law city or by a home rule city or any other political subdivision of the state.