A person who engages or attempts to engage in a floating fisheries business in the state and who owns a fishery resource that is not subject to AS 43.75 but that is brought into the jurisdiction of, and first landed in, this state is liable for and shall pay a landing tax on the value of the fishery resource. The amount of the landing tax is
(1) for a developing commercial fish species, as defined under AS 43.75.290, one percent of the value of the fishery resource at the place of landing;
(2) for a fish species other than a developing commercial fish species, three percent of the value of the fishery resource at the place of the landing.
Structure Alaska Statutes
Title 43. Revenue and Taxation
Chapter 77. Fishery Resource Landing Tax
Sec. 43.77.015. Obligations and payments under fishery cooperative contracts.
Sec. 43.77.020. Filing return and payment of tax.
Sec. 43.77.030. Credit for other taxes paid.
Sec. 43.77.040. Credit for approved contributions. [See delayed repeal note.]
Sec. 43.77.045. Fisheries resource landing tax education credit. [See delayed repeal note.]
Sec. 43.77.050. Separate accounting.