Alaska Administrative Code — Title 15 (Revenue)
15 AAC 52.030
Effect of extensions, renewals, or new or supplemental contracts
In determining whether a lease or rental exceeds a period of 90 consecutive days and is not subject to the tax imposed in AS 43.52.010 and 43.52.030,
# (1)
the initial lease or rental contract must contain a written term exceeding 90 consecutive days;
# (2)
an extension or renewal of, or a new or supplemental contract to, an initial lease or rental contract described in (1) of this section for a period of 90 days or less may be combined with the initial lease or contract if there is not a break in total consecutive days; and
# (3)
a lease or rental contract that contains a term exceeding 90 consecutive days is subject to the tax if that lease or rental contract is closed or completed on or before the 90th day.
(Eff. 1/8/2004, Register 169; am 6/27/2014, Register 210)
Statutory Authority:
Authority:
AS 43.05.080 AS 43.52.030 AS 43.52.080
AS 43.52.010 AS 43.52.050
Amendment history
Eff. 1/8/2004, Register 169; am 6/27/2014, Register 210
Source: official source document (full AAC Title 15 PDF)
In this chapter (13 sections)
- 52.010 · Collection of vehicle rental tax and filing of returns
- 52.020 · Exemptions from vehicle rental tax
- 52.030 · Effect of extensions, renewals, or new or supplemental…
- 52.091 · Applicability to contracts executed before January 1, 2004
- 52.099 · Definitions
- 52.210 · Collection and payment of commercial passenger vessel tax
- 52.220 · Exemptions
- 52.240 · Returns
- 52.250 · Records retention and inspection
- 52.255 · Tax reduction for local levies
- 52.295 · Definitions
- 52.910 · Applicability to contracts executed before January 1, 2004
- 52.990 · Definitions