(a) Bonuses received under Alaska Stat. § 47.45.01047.45.160 are exempt from all state and political subdivision taxes except sales and use taxes. A bonus received under Alaska Stat. § 47.45.01047.45.160 is not exempt from a federal tax requirement.

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Terms Used In Alaska Statutes 47.45.120

  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(b) Bonuses received under Alaska Stat. § 47.45.01047.45.160 are exempt from levy to enforce the collection of a debt as provided in Alaska Stat. Chapter 09.38 (Alaska Exemptions Act).