Alaska Statutes — Title 43 (Revenue and Taxation)
AS 43.20.031
Deduction of taxes; consolidated returns; accounting methods
# (a)
[Repealed, § 10 ch 1 SSSLA 1980.]
# (b)
[Repealed, § 10 ch 1 SSSLA 1980.]
# (c)
In computing the tax under this chapter, the taxpayer is not entitled to deduct any taxes based on or measured by net income. The taxpayer may deduct the tax levied and paid under AS 43.55.
# (d)
[Repealed, § 1 ch 98 SLA 1984.]
# (e)
An affiliated group of corporations may make or the commissioner may require them to make a consolidated return for the taxable year in place of separate returns. For purposes of calculating the amount of tax payable by the group under a consolidated filing, 26 U.S.C. 1501 - 1552 (Internal Revenue Code), as amended, apply.
# (f)
[Repealed, § 10 ch 1 SSSLA 1980.]
# (g)
[Repealed, § 10 ch 1 SSSLA 1980.]
# (h)
[Repealed, § 10 ch 1 SSSLA 1980.]
# (i)
A corporation which is a member of a group of unitary corporations which collectively has income from business activity taxable both inside and outside the state, or income from other sources both inside and outside the state, shall determine its income from sources in this state by use of the combined method of accounting.
Source: official source document (full Title 43 PDF)
In this chapter (40 sections)
- 43.20.010 · Tax on individuals, fiduciaries, and corporations
- 43.20.011 · Tax on corporations
- 43.20.012 · Limitation on application of chapter; credits
- 43.20.013 · Individual tax credits
- 43.20.014 · Income tax education credit. [See delayed repeal note.]
- 43.20.015 · Individual tax credit
- 43.20.016 · Sharing of corporate income tax revenue with municipalities
- 43.20.017 · Individual tax exemptions
- 43.20.018 · Alaska veterans' memorial endowment fund contribution credit
- 43.20.020 · Exemptions
- 43.20.021 · Internal Revenue Code adopted by reference
- 43.20.030 · Returns and payment of taxes
- 43.20.031 · Deduction of taxes; consolidated returns; accounting methods
- 43.20.033 · Taxable income of fiduciaries, nonresidents, and part-year…
- 43.20.036 · Federal tax deductions and credits
- 43.20.037 · Trade or business energy conservation credit
- 43.20.038 · Residential fuel and residential fuel conservation credits
- 43.20.040 · Income from sources in the state
- 43.20.042 · Special industrial incentive investment tax credits
- 43.20.043 · Gas exploration and development tax credit
- 43.20.044 · Exploration credits
- 43.20.045 · Proration of part-year resident and nonresident individual…
- 43.20.046 · Gas storage facility tax credit
- 43.20.047 · Liquefied natural gas storage facility tax credit
- 43.20.048 · Veteran employment tax credit
- 43.20.049 · Qualified oil and gas service industry expenditure credit
- 43.20.050 · Taxpayer liable
- 43.20.051 · 43.20.051
- 43.20.052 · Credit for the in-state manufacture of urea, ammonia, or…
- 43.20.053 · Qualified in-state oil refinery infrastructure expenditures…
- 43.20.060 · Direct allocation
- 43.20.061 · Credit for taxes paid another state
- 43.20.065 · 43.20.065
- 43.20.070 · Employees of interstate carriers
- 43.20.071 · 43.20.071
- 43.20.072 · 43.20.072
- 43.20.073 · 43.20.073
- 43.20.080 · Allocation of nonbusiness income; net rents and royalties;…
- 43.20.141 · Income from sources in the state of nonresident partners
- 43.20.142 · Allocation and apportionment