Form salmon enhancement tax 2025

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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.
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.
The Alaska resident bag and possession limit is one king salmon, 28 inches or greater in length. The nonresident bag and possession limit is one king salmon, 28 inches or greater in length.
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.
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.
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