Alaska § 43.56.160 - Interest and penalty.
Full text of Alaska Alaska Statutes § 43.56.160 — Interest and penalty., with citation guidance and answers to common questions.
§ 43.56.160. Interest and penalty.
When the tax levied by AS 43.56.010 (a) becomes delinquent, a penalty of 10 percent shall be added. Before January 1, 2014, interest on the delinquent taxes, exclusive of penalty, shall be assessed at a rate of eight percent a year. On and after January 1, 2014, interest on the delinquent taxes, exclusive of penalty, shall be assessed at the rate specified in AS 43.05.225 .
Frequently Asked Questions About Alaska § 43.56.160
What does Alaska Statutes § 43.56.160 cover?
Section 43.56.160 ("Interest and penalty.") 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 § 43.56.160?
A common citation format is "Alaska Statutes § 43.56.160" (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 § 43.56.160 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.