Alaska Administrative Code — Title 15 (Revenue)

15 AAC 75.300

Definitions

Official textakleg.govlast amended Dec 26, 2014

In AS 43.75 and this chapter,

# (1)

"custom processor" means a fisheries business which does not own the fisheries resources it is processing;

# (2)

"fisheries resource" means fin fish and shellfish, including but not limited to salmon, halibut, herring, flounder, crab, clam, cod, shrimp, and pollock; fish byproducts, such as roe, entrails and carcasses, are separate fisheries resources if they are transferred to another person for processing;

# (3)

"market value" means the prevailing value paid for fisheries resources of like kind and quality by fisheries businesses in the same market area to fishermen who own their vessels;

# (4)

"processing" means any activity which modifies the physical condition of a fisheries resource, including butchering, freezing, salting, cooking, canning, dehydrating, or smoking;
however, "processing" does not include decapitating shrimp and gutting, gilling, sliming, or icing a fisheries resource solely for the purpose of maintaining the quality of the fresh resource;

# (5)

"processing fisheries resources for sale" means the series of activities which are performed in preparing the fisheries resources for subsequent sale, regardless of whether the processor owns the fisheries resources and regardless of whether the processor is the seller in the subsequent sale of the fisheries resources;

# (6)

repealed 12/26/2014.
(Eff. 9/9/81, Register 79; am 9/18/81, Register 80; am 12/26/2014, Register 212)
Statutory Authority:
Authority:
AS 43.05.080 AS 43.75.015 AS 43.75.290

Amendment history

Eff. 9/9/81, Register 79; am 9/18/81, Register 80; am 12/26/2014, Register 212

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

In this chapter (15 sections)

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