Section 15.75.070. Application for fisheries business tax credit.  


Latest version.
  • To qualify for the fisheries business tax credit for eligible expenditures, as defined in 15 AAC 75.060, made between July 1, 1986 and December 31, 1989, a fisheries business must apply for the credit in advance of the capital expenditure on forms prescribed by the department. On the form, the fisheries business shall provide the following information:  
    		(1) the name of fisheries business;  
    		(2) the fisheries business license number of each processing facility owned by the fisheries business;  
    		(3) the mailing address for the fisheries business;  
    		(4) telephone number for the fisheries business;  
    		(5) the location of the processing facility for which eligible expenditures will be made;  
    		(6) a list of all equipment and improvements to depreciable property to be purchased or constructed and a description of their functions related to the processing of fish;  
    		(7) the approximate cost of each piece of equipment or improvement to depreciable property to be purchased or constructed;  
    		(8) the estimated date that the equipment or improvement to depreciable property is to be purchased or constructed, and the date it first will be placed into service;  
    		(9) if used equipment or a used improvement to depreciable property is to be purchased, a list of the names of the previous owners of the equipment or improvement, and the dates of their ownership.  
    

Authorities

43.05.080;43.75.032

Notes


Authority
AS 43.05.080 AS 43.75.032 Sec. 6, ch. 79, SLA 1986
History
Eff. 8/12/87, Register 103