15 AAC 21.550. Sales factor

A taxpayer's sales factor for a year equals the sales factor that year for the consolidated business of which the taxpayer is a part, as determined under the applicable methods of AS 43.19.010 (Art. IV, secs. 15 - 17), AS 43.20.071 (d) and (e), and 15 AAC 19.251 - 15 AAC 19.302; except that the numerator and denominator of the sales factor must each exclude nonretail sales of oil or gas produced from (or allocated to) one or more leases or properties in the state, but only to the extent that those sales would otherwise be included in the numerator and denominator of the sales factor.

History: Eff. 2/22/79, Register 69

Authority: AS 43.05.080

AS 43.19.010 ,

Art. IV, бї 18

AS 43.21.040

AS 43.21.090

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