Alaska Administrative Code — Title 15 (Revenue)

15 AAC 19.1320

Apportionment formula; percentage of completion method

Official textakleg.govlast amended Sep 26, 1984

The apportionment formula for a taxpayer reporting income under the percentage of completion method is a fraction

# (1)

the numerator of which is the sum of

# (A)

the property factor as defined in AS 43.19.010, Article IV.10 - .12, and 15
AAC 19.141 - 15 AAC 19.202;

# (B)

the payroll factor as defined in AS 43.19.010, Article IV.13 - .14 and 15
AAC 19.211 - 15 AAC 19.241, except that compensation paid to an employee who performs construction contractor services is attributable to this state if the compensation is actually earned in the state, without regard to base of operations, residence of the employee, or place from which the service is controlled; and

# (C)

the sales factor as defined in AS 43.19.010, Article IV.15 - .17, and 15 AAC
19.251 - 15 AAC 19.302, except that gross revenues derived from the performance of contracts are attributable to this state if the construction projects are located in this state; and

# (2)

the denominator of which is three.
(Eff. 1/12/83, Register 85; am 9/26/84, Register 91)
Statutory Authority:
Authority:
AS 43.05.080 AS 43.19.010 AS 43.20.142
Editor's note:
In 2012 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 43.20.065 as AS
43.20.142.
As of Register 204 (January 2013), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 15 AAC 19.1320, so that the citation to former AS 43.20.065 now refers to the renumbered statute, AS 43.20.142.

Amendment history

Eff. 1/12/83, Register 85; am 9/26/84, Register 91

Source: official source document (full AAC Title 15 PDF)

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