(a) Upon request from the director of elections, the commissioner of revenue shall determine
(1) the total value of seafood products produced in Alaska during any calendar year;
(2) whether the eligible processors approving the levy or termination of a seafood marketing assessment together produced at least 51 percent of the total value of seafood products produced in Alaska during the calendar year; or
(3) whether the eligible processors petitioning for an election under AS 16.51.130(b)(2) together produced at least 25 percent of the total value of seafood products produced in Alaska during the calendar year.
(b) The total value of seafood products produced in Alaska in a calendar year is the sum of the
(1) total value of the fisheries resource on which the tax imposed under AS 43.75.015 and 43.75.100 is levied in that calendar year; and
(2) total value of the fisheries resource on which the tax imposed under AS 43.77 is levied in that calendar year.
(c) The value of seafood products produced in Alaska by a processor during a calendar year is the sum of the
(1) total value of the fisheries resource on which the processor must pay the tax imposed under AS 43.75.015 and 43.75.100 in that calendar year; and
(2) total value of the fisheries resource on which the processor must pay the tax imposed under AS 43.77.010 in that calendar year.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.