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 website search.
|
The amount of tax under AS 43.56 paid during a year to the state (net of credits or refunds made that year for municipal ad valorem taxes on the same properties) and the total amount paid that year for municipal ad valorem taxes under AS 29.53.045 - 29.53.055, for a taxpayer's properties used directly in the production, gathering, treatment or preparation for pipeline shipment of oil and gas from a lease or property that is in commercial production before those payments to the state or any municipality are made, constitute a deduction in determining the taxpayer's taxable production income for that year.
History: Eff. 2/22/79, Register 69
Authority: AS 43.05.080
Art. IV, § 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