# Alaska Stat. § 43.20.012: Limitation on application of chapter; credits

> Alaska · Statutes · Reserved

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.012

## Section

- **Citation:** Alaska Stat. § 43.20.012
- **Heading:** Limitation on application of chapter; credits
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** Reserved
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 43 / Chapter 43.20 / Section 43.20.012

## Text

(a) The tax imposed by this chapter does not apply to (1) an individual;

(2) a fiduciary;

(3) the income received by a regional association qualified under AS 16.10.380 or nonprofit corporation holding a hatchery permit under AS 16.10.400 from the sale of salmon or salmon eggs under AS 16.10.450 or from a cost recovery fishery under AS 16.10.455 ; or

(4) the income received by a nonprofit corporation holding a permit under AS 16.12.010 from the sale of shellfish under AS 16.12.080 or from a cost recovery fishery under AS 16.12.090 .

(b) An individual may file a return under this chapter in order to receive a tax credit under AS 43.20.013 .

(c) [Repealed, § 5 ch 55 SLA 2023.] (d) [Repealed, § 5 ch 55 SLA 2023.]

## Nearby sections

- [Alaska Stat. § 43.20.011 Tax on corporations.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.011.md)
- [Alaska Stat. § 43.20.012 Limitation on application of chapter; credits.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.012.md)
- [Alaska Stat. § 43.20.013 Individual tax credits.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.013.md)
- [Alaska Stat. § 43.20.014 Income tax education credit. [See delayed repeal note.]](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.014.md)
- [Alaska Stat. § 43.20.021 Internal Revenue Code adopted by reference.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.021.md)
- [Alaska Stat. § 43.20.030 Returns and payment of taxes.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.030.md)
- [Alaska Stat. § 43.20.031 Deduction of taxes; consolidated returns; accounting methods.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.031.md)
- [Alaska Stat. § 43.20.036 Federal tax deductions and credits.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.036.md)
- [Alaska Stat. § 43.20.040 Income from sources in the state.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.040.md)
- [Alaska Stat. § 43.20.042 Special industrial incentive investment tax credits.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.042.md)
- [Alaska Stat. § 43.20.044 Exploration credits.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.044.md)
- [Alaska Stat. § 43.20.046 Gas storage facility tax credit.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.046.md)
- [Alaska Stat. § 43.20.047 Liquefied natural gas storage facility tax credit.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.047.md)
- [Alaska Stat. § 43.20.048 Veteran employment tax credit.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.048.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T43_C43.20_S43.20.012. Check the current official text before relying on it. Not legal advice.