15 AAC 116.600 - Imposition of seafood marketing assessment
(a) There is
imposed an assessment under
AS
16.51.120 on the total value paid for seafood
products by all processors, except on those transactions excluded from
liability for tax under AS 43.75 as provided in
AS
43.75.017, for the calendar year 1982 and
each year following until amended or terminated under
AS
16.51.140 or
AS
16.51.130. The assessment is on all
processors whose value paid for seafood products during a calendar year is at
least $50,000, and is calculated at the rate of.2 percent of the total value
paid for the seafood products.
(b)
All processors shall file returns under
15 AAC 116.610 and shall pay the
total assessment due under this chapter on or before March 31 after the close
of the calendar year to which the assessment applies.
(c) A processor is liable for the tax under
AS 16.51 on the value of a seafood product processed for a person not licensed
under AS 43.75.
(d) A person
taking, purchasing, or otherwise acquiring a seafood product that has not been
subject to the tax imposed in AS 16.51, who transports the seafood product to a
point outside the taxing jurisdiction of the state for sale or processing, is
liable for the tax under AS 16.51 on the value of the seafood
product.
Notes
Authority:AS 16.51.120
AS 43.05.080
AS 43.05.250
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