Section 15.21.500. Taxable apportioned income.

A taxpayer's taxable apportioned income for a year from activities in the state other than the production of oil and gas and the pipeline transportation of oil and gas equals that taxpayer's apportionable income (determined under 15 AAC 21.510) for that year, multiplied by the three-factor formula (under 15 AAC 21.520 - 15 AAC 21.550) for that year.  

Authorities

43.05.080;43.19.010;43.21.040;43.21.090

Notes

Reference

15 AAC 21.050
15 AAC 21.520
15 AAC 21.650
15 AAC 21.660

Authority

AS 43.05.080 AS 43.19.010 Art. IV, _ 18, Ak Const. AS 43.21.040 AS 43.21.090

History

Eff. 2/22/79, Register 69