1. (a) For a water transportation carrier, the numerator of the sales factor is the sum of

   1. (1) the in-state gross receipts, determined under AS 43.19 as modified by AS 43.20.144(d) where applicable, that are not from Alaska mobile property operations; and
   2. (2) the tax year's gross receipts from mobile property operations everywhere for each ship that is used in Alaska mobile property operations during the tax year, multiplied by that ship's days-spent-in-port ratio determined under 15 AAC 19.1410 for the tax year.

2. (b) For purposes of (a)(2) of this section, gross receipts include the tax year's receipts from

   1. (1) loading, transporting, and unloading cargo;
   2. (2) passenger fares;
   3. (3) all other goods and services provided on the ship during operations, including gambling and concession arrangements; and
   4. (4) operating lease and charter payments received for each ship.
3. (c) The taxpayer shall determine the denominator of the sales factor under AS 43.19 as modified by AS 43.20.144(d) where applicable, and shall include the gross receipts of all corporations combined under AS 43.20.144 or 43.20.145.

(Eff. 8/8/2007, Register 183)

Authority: AS 43.05.080, AS 43.20.143, AS 43.20.145, AS 43.19.010, AS 43.20.144