Alaska § 43.20.141 - Income from sources in the state of nonresident partners.
Full text of Alaska Alaska Statutes § 43.20.141 — Income from sources in the state of nonresident partners., with citation guidance and answers to common questions.
§ 43.20.141. Income from sources in the state of nonresident partners.
In determining the source of a nonresident partner's income, effect may not be given to a provision in the partnership agreement that (1) characterizes payments to the partner as being for services or for the use of capital;
(2) allocates to the partner, as income or gain from sources outside the state, a greater proportion of the partner's distributive share of partnership income or gain than the ratio of partnership income or gain from sources outside the state to partnership income or gain from all sources; or
(3) allocates to the partner a greater proportion of a partnership item of loss or deduction connected to Alaska sources than the partner's proportionate share, for federal income tax purposes of partnership loss or education generally.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 43.20.141
What does Alaska Statutes § 43.20.141 cover?
Section 43.20.141 ("Income from sources in the state of nonresident partners.") 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 § 43.20.141?
A common citation format is "Alaska Statutes § 43.20.141" (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 § 43.20.141 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.