Alaska Statutes — Title 43 (Revenue and Taxation)
AS 43.20.044
Exploration credits
Official textakleg.gov
# (a)
A taxpayer may apply as a credit against the tax levied under this chapter
# (1)
the exploration incentive credit authorized by AS 27.30;
# (2)
an alternative tax credit for oil and gas exploration earned by the taxpayer under AS
43.55.025 for exploration expenditures incurred for work performed on or after July 1, 2016.
# (b)
In a tax year in which a taxpayer applies against the tax levied under this chapter the exploration incentive credit authorized by AS 27.30, the commissioner shall require the taxpayer to submit the accounting of mining operation activities form required by AS 27.30.030(b).
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