Alaska Administrative Code
Title 15 - Revenue
Chapter 116 - Common Property Fishery Assessment and Seafood Marketing Assessment
Article 5 - Seafood Marketing Assessment on Processors
15 AAC 116.700 - Definitions
Current through August 30, 2024
In AS 16.51 and 15 AAC 116.600 - 15 AAC 116.700,
(1) "assessment" means a seafood marketing assessment imposed by AS 16.51 and this chapter;
(2) "department" means the Department of Revenue;
(3) "processor" means the same as "processor" in AS 16.51.180(3), and the same as "fisheries business" in AS 43.75.290 and includes one engaged in the act of "processing" as defined in 15 AAC 75.300(4) and one who both harvests and processes seafood for commercial sale, except those processors the value of whose seafood products is excluded from the tax imposed under AS 43.75 by virtue of AS 43.75.017 and 15 AAC 75.035;
(4) "seafood products" means the same as "seafood" in AS 16.51.180(5), and the same as "fishery resource" in AS 43.75.290 and as interpreted in 15 AAC 75.300(2);
(5) "value paid" means the same as "value" in AS 16.51.180(6), and "value" in AS 43.75.290 and as interpreted in 15 AAC 75.300(3) and (3).
Authority:AS 16.51.150
AS 16.51.160
AS 16.51.180
AS 43.05.080