Instructions for 2017 Alaska Fishery Resource Landing Tax Return-2025

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January 1 - June : Annual possession limit is three king salmon. July 1- July 15: Annual possession limit is two king salmon. July 16- December 31: Annual possession limit is one king salmon. 2022 - 2025: King fishing will remain open all season although there may be reductions on the annual limit.
RE: Fishery Business Tax The tax is based on whether the fishery is established or developing. Established rates are 5% for floating facilities, 4.5% for Salmon Canneries and 3% for shore based facilities and 3% for developing resources from Floating facilities and 1% for shore-based developing resources.
The Salmon Enhancement Tax is a self-imposed tax elected through a vote of the fishermen. Southeast and Northern Southeast at 3%, and Prince William Sound, Cook Inlet, Kodiak, Chignik, and Yakutat at 2%. payment to the department.
Alaska does not have a state sales tax but has an average combined state and local sales tax rate of 1.82 percent. Alaska has a 1.07 percent effective property tax rate on owner-occupied housing value. Alaska does not have an estate tax or inheritance tax.
For example, a person is allowed to keep 4 halibut for the year, with the limit being 2 per day. King salmon are the only salmon that have an annual limit, which are 5 per person per year. All other species of salmon do not have an annual limit, just a daily limit.
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