Alaska Stat. § 43.20.012 – Limitation on application of chapter; credits

(a) The tax imposed by this chapter does not apply to
1. (1) an individual;
2. (2) a fiduciary;
3. (3) the income received by a regional association qualified under AS 16.10.380 or nonprofit corporation holding a hatchery permit under AS 16.10.400 from the sale of salmon or salmon eggs under AS 16.10.450 or from a cost recovery fishery under AS 16.10.455; or
4. (4) the income received by a nonprofit corporation holding a permit under AS 16.12.010 from the sale of shellfish under AS 16.12.080 or from a cost recovery fishery under AS 16.12.090.
(b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013.
(c) [Repealed, § 5 ch 55 SLA 2023.]
(d) [Repealed, § 5 ch 55 SLA 2023.]