(a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary; (3) the income received by a regional association qualified under AS 16.10.380 or nonprofit corporation holding a hatchery permit under AS 16.10.400 from the sale of salmon or salmon eggs under AS 16.10.450 or from a cost recovery fishery under AS 16.10.455; or (4) the income received by a nonprofit corporation holding a permit under AS 16.12.010 from the sale of shellfish under AS 16.12.080 or from a cost recovery fishery under AS 16.12.090. (b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013. (c) [Repealed, § 5 ch 55 SLA 2023.] (d) [Repealed, § 5 ch 55 SLA 2023.]
Alaska Legal Code