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.

Sec. 43.20.300. References to Internal Revenue Code.

(a) The provisions of the Internal Revenue Code as now in effect or hereafter amended mentioned in this chapter are incorporated in this chapter by reference and have effect as though fully set out in this chapter. (b) When portions of the Internal Revenue Code incorporated by reference as provided in (a) of this section […]

Sec. 43.20.340. Definitions.

In this chapter, (1) “bank” means a financial institution including a national banking association; (2) “corporation” includes an association, joint-stock company, and an insurance company; (3) “fiscal year” means an accounting period of 12 months ending on the last day of a month other than December; (4) “includes” and “including” when used in a definition […]

Sec. 43.20.350. Short title.

This chapter may be cited as the Alaska Net Income Tax Act.