Alaska Statutes — Title 43 (Revenue and Taxation)
AS 43.55.895
Applicability to municipal entities
# (a)
Notwithstanding AS 29.35.670(a) or other provision of law, a producer that is a municipal entity is subject to taxation and payment of surcharges under this chapter for oil and gas that it sells to another party.
# (b)
A municipal entity subject to taxation because of this section
# (1)
is eligible for tax credits proportionate to its production taxable under AS 43.55.011(e);
and
# (2)
shall allocate its lease expenditures in proportion to its production taxable under AS
43.55.011(e).
# (c)
In this section, "municipal entity" means a municipality, municipally owned utility, public corporation of a municipality, or entity established by more than one municipality.
Source: official source document (full Title 43 PDF)
In this chapter (40 sections)
- 43.55.020 · Payment of tax
- 43.55.021 · Alaska veterans' memorial endowment fund contribution credit
- 43.55.023 · Tax credits for certain losses and expenditures
- 43.55.024 · Additional nontransferable tax credits
- 43.55.025 · Alternative tax credit for oil and gas exploration
- 43.55.028 · Oil and gas tax credit fund established; cash purchases of…
- 43.55.029 · Assignment of tax credit certificate
- 43.55.030 · Filing of statements
- 43.55.040 · Powers of Department of Revenue
- 43.55.050 · Incorrect returns
- 43.55.060 · Delinquency
- 43.55.070 · Lien for tax
- 43.55.075 · Limitation on assessment and amended returns
- 43.55.080 · Collection and deposit of revenue
- 43.55.090 · Refunds
- 43.55.100 · Acceptance of deductions
- 43.55.110 · Administration
- 43.55.120 · Noncompliance and false reports
- 43.55.135 · Measurement
- 43.55.140 · 43.55.140
- 43.55.150 · Determination of gross value at the point of production
- 43.55.160 · Determination of production tax value of oil and gas
- 43.55.165 · Lease expenditures
- 43.55.170 · Adjustments to lease expenditures
- 43.55.180 · Required report
- 43.55.200 · Surcharge levied
- 43.55.201 · Surcharge levied
- 43.55.210 · Disposition of proceeds of surcharge
- 43.55.211 · Use of revenue derived from surcharge
- 43.55.220 · Use of revenue derived from surcharge
- 43.55.221 · Suspension and reimposition of the surcharge
- 43.55.230 · Suspension and reimposition of the surcharge
- 43.55.231 · Surcharge not imposed
- 43.55.240 · Surcharge not imposed
- 43.55.299 · Definitions
- 43.55.300 · Surcharge levied
- 43.55.310 · Use of revenue derived from surcharge
- 43.55.890 · Disclosure of tax information
- 43.55.895 · Applicability to municipal entities
- 43.55.900 · Definitions