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. 43.20.141. Income from sources in the state of nonresident partners.
In determining the source of a nonresident partner’s income, effect may not be given to a provision in the partnership agreement that (1) characterizes payments to the partner as being for services or for the use of capital; (2) allocates to the partner, as income or gain from sources outside the state, a greater proportion […]
Sec. 43.20.142. Allocation and apportionment.
A taxpayer who has income from business activity that is taxable both inside and outside the state or income from other sources both inside and outside the state shall allocate and apportion net income as provided in AS 43.19 (Multistate Tax Compact), or as provided by this chapter.
Sec. 43.20.143. Transportation carriers.
(a) All business income of water transportation carriers shall be apportioned to this state in accordance with AS 43.19 (Multistate Tax Compact) as modified by the following: (1) the numerator of the property factor is the sum of the value for property in a fixed location, including buildings and land used in the business, and […]