Alaska Administrative Code — Title 15 (Revenue)

15 AAC 19.1470

Recordkeeping

Official textakleg.govlast amended Aug 08, 2007

# (a)

A taxpayer engaged in Alaska mobile property operations that are subject to AS
43.20.145 shall prepare, maintain, and provide to the department upon request documents necessary to verify the taxpayer's numerators calculated under 15 AAC 19.1420 - 15 AAC 19.1440, and documents necessary to verify the 20 percent United States factor test under AS 43.20.145(a)(1)(A) and (4) and 15 AAC 19.1460, including

# (1)

calculations and supporting documents for the property, payroll, and sales attributable to each ship owned or operated by the taxpayer or any affiliate of the taxpayer and used in Alaska mobile property operations or international mobile property operations;

# (2)

the calculation of hours spent in port for each ship owned or operated by the taxpayer or any affiliate of the taxpayer and used in Alaska mobile property operations or international mobile property operations; that calculation shall be prepared in sufficient detail to permit audit verification of the calculation by comparison to entries in the ship's log, and if applicable, to published schedules; and

# (3)

copies of each ship's log, and if applicable, each ship's published schedule, supporting the calculation of hours spent in port.

# (b)

An oil and gas taxpayer subject to worldwide apportionment under AS 43.20.144 shall prepare, maintain, and provide to the department upon request documents necessary to verify the taxpayer's numerators calculated under 15 AAC 19.1420 - 15 AAC 19.1440, including

# (1)

calculations and supporting documents for the property and sales allocations to the taxpayer's Alaska mobile property operations;

# (2)

the calculation of hours spent in port for each ship engaged in Alaska mobile property operations; that calculation shall be prepared in sufficient detail to permit audit verification of the calculation by comparison to entries in the ship's log; and

# (3)

copies of each ship's log, supporting the calculation of hours spent in port.
(Eff. 8/8/2007, Register 183)
Statutory Authority:
Authority:
AS 43.05.040 AS 43.20.143 AS 43.20.145
AS 43.05.080 AS 43.20.144 AS 43.99.010
Editor's note:
In 2012 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 43.20.071 as AS 43.20.143, former AS 43.20.072 as AS 43.20.144, and former AS 43.20.073 as AS 43.20.145.
As of Register 204 (January 2013), the regulations attorney made conforming technical revisions under AS 44.62.125(b)(6), to 15 AAC 19.1470(a) and (b), so that cross-references to former AS 43.20.072 and 43.70.073 now refer to the renumbered statutes, AS 43.20.144 and 43.20.145. In addition, the regulations attorney made conforming technical revisions to the authority citation that follows 15 AAC 19.1470, so that citations to former AS 43.20.071, 43.20.072, and 43.20.073 now refer to the renumbered statutes, AS 43.20.143, 43.20.144, and 43.20.145.

Amendment history

Eff. 8/8/2007, Register 183

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

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