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- Alaska Statutes.
- Title 43. Revenue and Taxation
- Chapter 75. Fisheries Business License and Taxes
- Section 130. Refund to Local Governments.
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Section 120. Violations and Penalties. [Repealed, Sec. 46 Ch 113 SLA 1980. For Current Law, See AS
43.05.220
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Section 133. Provision of Information to Municipalities.
AS 43.75.130. Refund to Local Governments.
- (a) Except as provided in (d) of this section, the commissioner shall pay
- (1) to each unified municipality and to each city located in the unorganized borough, 50 percent of the amount of tax
revenue collected in the municipality from taxes levied under this chapter;
- (2) to each city located within a borough, 25 percent of the amount of tax revenue collected in the city from taxes levied
under this chapter; and
- (3) to each borough
- (A) 50 percent of the amount of tax revenue collected in the area of the borough outside cities from taxes levied under
this chapter; and
- (B) 25 percent of the amount of tax revenue collected in cities located within the borough from taxes levied under this
chapter.
- (b) For purposes of this section, tax revenue collected under AS 43.75.015 from a person entitled to a credit under AS 43.75.032
shall be calculated as if the person's tax had been collected without applying the credit.
- (c) [Repealed, Sec. 7 ch 79 SLA 1986].
- (d) Notwithstanding the provisions of (a)(2) and (a)(3)(B) of this section, the commissioner shall pay
- (1) to each city that is located in a borough incorporated after June 16, 1987 the following percentages of the tax
revenue collected in the city from taxes levied under this chapter:
- (A) 45 percent of the taxes collected during the calendar year in which the borough is incorporated;
- (B) 40 percent of the taxes collected during the first calendar year after the calendar year in which the borough is
incorporated;
- (C) 35 percent of the taxes collected during the second calendar year after the calendar year in which the borough is
incorporated; and
- (D) 30 percent of the taxes collected during the third calendar year after the calendar year in which the borough is
incorporated; and
- (2) to each borough that is incorporated after June 16, 1987 the following percentages of the tax revenue collected in the
cities located within the borough from taxes levied under this chapter:
- (A) 5 percent of the taxes collected during the calendar year in which the borough is incorporated;
- (B) 10 percent of the taxes collected during the first calendar year after the calendar year in which the borough is
incorporated;
- (C) 15 percent of the taxes collected during the second calendar year after the calendar year in which the borough is
incorporated; and
- (D) 20 percent of the taxes collected during the third calendar year after the calendar year in which the borough is
incorporated.
- (e) Notwithstanding the provisions of (d) of this section, a city may adopt an ordinance to transfer a portion of the
funds received under (d)(1) of this section to the borough in which the city is located.
- (f) For purposes of this section, tax revenue collected under AS 43.75.015 from a person entitled to a credit under AS 43.75.035
or 43.75.036 shall be calculated as if the person's
tax were collected without applying the credit; tax revenue collected does not include the amount of a tax credit
recaptured under AS 43.75.035
(g) or 43.75.036(g).
- (g) In this section, "tax revenue collected" includes the amount credited against taxes under AS 43.75.018
.
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