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There is no statewide sales tax levied. There is no personal state income tax.
What is exempt from sales tax in Alaska?
Alaska does not impose a statewide sales tax and therefore does not have any statewide sales tax exemptions. Cities and boroughs are authorized to levy a sales and use tax on sales, rents, or services made within the boroughs or city. Local exemptions may be granted by ordinance.
Does Alaska have sales tax on clothes?
Although theres no statewide sales tax in Alaska either, clothing is subject to local sales taxes in some parts of the state. More than 100 cities and boroughs in Alaska have local sales and use taxes, and many of these jurisdictions tax clothing, clothing accessories, and footwear.
What is the Alaska Corporation income tax return form?
Form 04-611 is the standard Alaska Corporation Net Income Tax Return form designed to accommodate any taxpayer including the most complex filing under the waters edge method.
Does Alaska have a state withholding form?
Alaska has no state or local income tax withholding.
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Since Alaska is one of the few states with no state-wide sales tax, theres generally no sales tax levied on most tangible personal property bought or sold within the state. This applies to most physical items you encounter.
At what age do you stop paying property taxes in Alaska?
Under AS 29.45. 030(e), there is a mandatory exemption up to the first $150,000 of assessed value for the primary residence of a senior citizen, age 65 years and older, or a disabled veteran with a service connected disability of 50% or more.
What is the excise tax in Alaska?
Alaska Tax Rates, Collections, and Burdens 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. Alaska has an 8.95 cents per gallon gas tax rate and a $2.00 excise tax rate.
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