Made available by
Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.
You can also go to The Alaska Legal Resource Center or search the entire websitesearch.
The reasonable cost of transportation is the actual cost of transportation as determined in 15 AAC 21.130(a) and (b). However, the reasonable cost of transportation is the fair market value as defined in 15 AAC 21.130(c) if the department determines that all of the following conditions exist:
(1) the parties to the transportation of oil or gas are affiliated;
(2) the contract for the transportation of oil or gas is not an arm's-length transaction or is not representative of the market value of the transportation at the time the contract was executed or renegotiated; and
(3) the method of transportation of oil or gas is not reasonable in view of the existing alternative methods of transportation at the time the taxpayer entered into the transportation commitment.
History: Eff. 5/21/81, Register 78
Authority: AS 43.05.080
Art. IV, Â§ 18
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006