Alaska Administrative Code

(a) Except as provided in (c) of this section, each license holder, including a license holder temporarily exempt from taxation under AS 43.65.010(a), shall file a mining license return on a form provided by the department. A person receiving gross income from more than one licen…

(a) Upon application, the department will, in its discretion, grant an extension of time to file a mining license return. (b) An application for an extension of time for filing a return must be filed with the department no later than the date the return is due. (c) An extension o…

For the purpose of computing the mining license tax due, taxable income is gross income as defined by 15 AAC 65.110 less deductible mining expenses as defined by 15 AAC 65.120 and 15 AAC 65.125. Notes 15 AAC 65.100 Eff. 8/9/86, Register 99 Authority:AS 43.05.080 AS 43.65.010 AS 4…

(a) A person's gross income from a mining property in the state equals the sum of (1) sale price or value actually received, including cash, credits, in-kind exchanges, and other valuable consideration for the mined materials; (2) advance royalty payments received; however, advan…

(a) Except for a person permitted to compute federal net income using the cash basis method, a person shall inventory the costs of production in the state and deduct those costs at the time of sale, the time of export, or the time when the value of the mineral product is included…

(a) Other expenses that cannot be inventoried are deductible when paid or accrued. These expenses must be allocated in accordance with (b) of this section, and include: (1) except as provided in (2) and (3) of this subsection, interest expense paid or accrued in connection with t…

The following rates are applicable to the taxable income of a person subject to the mining license tax: TAXABLE INCOME TAX RATE $40,000 and under . . . . . no tax Over $40,000 and not over $50,000 . . . . . 3 percent of theentire taxable income Over $50,000 and not over $100,000 …

(a) As provided in AS 43.65.010(a), a new mining operation is exempt from the tax under AS 43.65 for three and one-half years after production begins. The department may suspend passage of the exemption period if mine production ceases for other than seasonal or ordinary shutdown…

(a) In order to be granted a certificate of exemption by the department, the owner or operator of a new mining operation shall record, in the recording district in which the operation is located, a sworn affidavit of initial production showing the location of the new mining opera…

(a) Upon receipt of notification of initial production from the Department of Natural Resources, the department will issue a certificate of exemption to a new mining operation, unless it determines, as provided by 15 AAC 65.200, that the operation does not qualify for the exempti…

(a) A mining operation consists of all operating and non-operating mineral deposit interests and may be comprised of one or more mining properties. (b) In determining whether mining properties are part of the same mining operation, the department will consider whether the operati…

(a) The calendar or fiscal year tax period during which the exemption period described in 15 AAC 65.200 expires is the transition year. (b) Mining net income subject to tax in a transition year is to be computed by an allocation formula. To determine taxable income, the entire ta…

In this chapter, unless the context requires otherwise, (1) "bulk sample" means the quantity of resource mined, gathered, taken, or otherwise accumulated as a specimen for the purpose of testing and analyzing the ore body before its development; (2) "consolidated business" means …

Notes 15 AAC 70.010 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.020 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.030 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.040 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.050 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.060 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.070 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.080 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.090 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.100 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.110 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.120 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.130 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.140 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.150 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.160 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.170 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.180 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.190 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.200 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.210 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.220 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.230 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.240 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.250 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.260 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.270 In effect before 7/28/59; repealed 11/4/98, Register 148

Notes 15 AAC 70.9250 Repealed 1/1/63.

A person subject to the fisheries business tax shall file a separate return no later than March 31 after the close of the calendar year for each business location, using the forms provided by the Department of Revenue, stating the following in the places prescribed on the form: (…

(a) Upon a showing of good cause, the department will, in its discretion, grant a reasonable extension of time, not to exceed 180 days in the aggregate, for filing a return or report required by AS 43.75. An extension of time for filing a return or report does not extend the time…

(a) Repealed 3/3/2023. (b) For periods after December 31, 1980, the person engaging in a fisheries business who first actually and physically processes a fisheries resource or who has a fisheries resource processed by a fisheries business inside the state, or the person who purch…

For a fisheries resource processed after December 31, 1980, a person is not liable for the fisheries business tax under AS 43.75.015 if that person meets the requirements of AS 43.75.017 and if the person claiming the exclusion is the commercial fisherman who caught the fisheries…

(a) Repealed 3/3/2023. (b) Repealed 3/3/2023. (c) For periods after December 31, 1980, the department may require a person, other than a fisheries business, who contracts with a custom processor for fisheries resource processing to furnish the custom processor or the department w…

After December 31, 1980, a person claiming a deduction under 15 AAC 75.030 for a fisheries resource processed for another fisheries business shall include in his return a schedule, using the form provided by the department, which shows the following information: (1) name, address…