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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 15. Revenue. |
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Chapter 15.116. Common Property Fishery Assessment and Seafood Marketing Assessment. |
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Article 15.116.4. Common Property Fishery Assessment. |
Section 15.116.490. Definitions.
Latest version.
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In 15 AAC 116.410 - 15 AAC 116.490, unless the context requires otherwise, (1) "buyer" means a person who purchases or otherwise acquires salmon from a person who participates in a common property fishery; (2) "department" means the Department of Revenue; (3) "person" means an individual, partnership, association, limited liability company, corporation, or any group or combination acting as a unit; (4) "projected regional price" means the average price of salmon (A) reported to the department in the prior year on returns filed under AS 43.75 (fisheries business license and taxes) that reflect processing activity in the area nearest to the terminal harvest area where the common property fishery assessment will be imposed; and (B) adjusted up or down after taking into account current-year market conditions and salmon market trends; (5) "salmon" means Pacific salmon and Pacific salmon byproducts such as roe if sold separately by the holder of the limited entry permit under AS 16.43.
Authorities
16.10.455