Section 39.35.546. State and federal taxation of benefits.

Latest version.

   (a) Benefits of AS 39.35.095 - 39.35.680 are exempt from Alaska state and municipal income taxes.
   (b) Benefits paid under AS 39.35.095 - 39.35.680 may be subject to federal income taxes as provided in 26 U.S.C. 72.

Notes

History

(Sec. 17 ch 109 SLA 1970; am Sec. 50 ch 128 SLA 1977; am Sec. 42 ch 59 SLA 2002)

                    
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