Section 43.75.017. Exclusion from fisheries business tax.

A person is not liable for the fisheries business tax under AS 43.75.015 when the fishery resource is processed aboard a fishing vessel if
        (1) the vessel is operated as a commercial fishing vessel under a valid commercial fishing license;
        (2) the fishery resource is not processed beyond heading, gutting or cleaning, freezing, and glazing;
        (3) the fishery resource was caught by the vessel; and
        (4) the fishery resource is sold to a fisheries business licensed under this chapter.

Authorities

43.75.015;43.80.050

Notes

Implemented As

15 AAC 75.035

References

15 AAC 116.600
15 AAC 116.700
15 AAC 75.030
15 AAC 75.035
AS 43.75.015 Fisheries business tax.
AS 43.80.050 Reporting of wholesale salmon prices.

History

(Sec. 7 ch 117 SLA 1981; am Sec. 3 ch 147 SLA 2004)