Alaska Administrative Code — Title 15 (Revenue)

15 AAC 75.070

Application for the fisheries product development tax credit

Official textakleg.govlast amended Mar 03, 2023

A fisheries business may, using a form provided by the department, apply for the fisheries product development tax credit before the fisheries business incurs the qualified investment cost on which the fisheries business intends to claim a credit under AS 43.75.037. The application must include

# (1)

the name of the fisheries business;

# (2)

the fisheries business license number of each vessel or shore-based plant owned by the fisheries business;

# (3)

the mailing address for the fisheries business;

# (4)

the telephone number for the fisheries business;

# (5)

the location of each vessel or shore-based plant for which eligible expenditures will be made;

# (6)

a list of all equipment or improvements to depreciable tangible personal property to be purchased or constructed and a description of the equipment or improvements' functions related to the processing of eligible fish;

# (7)

the approximate cost of each piece of equipment or improvement to depreciable tangible personal property to be purchased or constructed; and

# (8)

the estimated date that the equipment or improvement to depreciable tangible personal property is to be purchased or constructed, and the date it first will be placed into service.
(Eff. 8/12/87, Register 103; am 3/3/2023, Register 245)
Statutory Authority:
Authority:
AS 43.05.080 Sec. 6, ch. 79,
AS 43.75.037 SLA 1986

Amendment history

Eff. 8/12/87, Register 103; am 3/3/2023, Register 245

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

In this chapter (15 sections)

Full table of contents →