Alaska § 43.20.012 - Limitation on application of chapter; credits.
Full text of Alaska Alaska Statutes § 43.20.012 — Limitation on application of chapter; credits., with citation guidance and answers to common questions.
§ 43.20.012. Limitation on application of chapter; credits.
(a) The tax imposed by this chapter does not apply to (1) an individual;
(2) a fiduciary;
(3) the income received by a regional association qualified under AS 16.10.380 or nonprofit corporation holding a hatchery permit under AS 16.10.400 from the sale of salmon or salmon eggs under AS 16.10.450 or from a cost recovery fishery under AS 16.10.455 ; or
(4) the income received by a nonprofit corporation holding a permit under AS 16.12.010 from the sale of shellfish under AS 16.12.080 or from a cost recovery fishery under AS 16.12.090 .
(b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013 .
(c) [Repealed, § 5 ch 55 SLA 2023.] (d) [Repealed, § 5 ch 55 SLA 2023.]
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 43.20.012
What does Alaska Statutes § 43.20.012 cover?
Section 43.20.012 ("Limitation on application of chapter; credits.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 43.20.012?
A common citation format is "Alaska Statutes § 43.20.012" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 43.20.012 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.