(a)[Repealed, Sec. 10 ch 1 SSSLA 1980].

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Terms Used In Alaska Statutes 43.20.011

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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(b)[Repealed, Sec. 10 ch 1 SSSLA 1980].
(c)[Repealed, Sec. 10 ch 1 SSSLA 1980].
(d)[Repealed, Sec. 10 ch 1 SSSLA 1980].
(e) There is imposed for each taxable year upon the entire taxable income of every corporation derived from sources within the state a tax computed as follows:If the taxable income is Then the tax is: Less than $25,000 Zero $25,000 but less than $49,000 2 percent of the taxable income over $25,000 $49,000 but less than $74,000 $480 plus 3 percent of the taxable income over $49,000 $74,000 but less than $99,000 $1,230 plus 4 percent of the taxable income over $74,000 $99,000 but less than $124,000 $2,230 plus 5 percent of the taxable income over $99,000 $124,000 but less than $148,000 $3,480 plus 6 percent of the taxable income over $124,000 $148,000 but less than $173,000 $4,920 plus 7 percent of the taxable income over $148,000 $173,000 but less than $198,000 $6,670 plus 8 percent of the taxable income over $173,000 $198,000 but less than $222,000 $8,670 plus 9 percent of the taxable income over $198,000 $222,000 or more $10,830 plus 9.4 percent of the taxable income over $222,000.
(f)[Repealed, Sec. 10 ch 1 SSSLA 1980].