Alaska Administrative Code
Title 15 - Revenue
Chapter 20 - Alaska Net Income Tax
Article 3 - Corporate Net Income Tax; Combination and Apportionment Rules
15 AAC 20.335 - Affiliated group
Current through August 30, 2024
(a) For purposes of 15 AAC 20.330 - 15 AAC 20.395, an affiliated group consists of two or more corporations in which 50 percent or more of the voting stock of one or more member corporations in the group is owned, directly or indirectly, by one or more corporate or noncorporate owners or by other members of the group. The group includes
(b) The ownership of voting stock may be determined by reference to related persons and constructive ownership as provided in Internal Revenue Code section 267 (26 U.S.C. 267).
(c) Membership in an affiliated group of corporations applies without regard to the country in which the members are incorporated or to the taxpayer's ability to include them in a federal consolidated return.
In 2012 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 43.20.073 as AS 43.20.145. As of Register 204 (January 2013), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 15 AAC 20.335, so that the citation to former AS 43.20.073 now refers to the renumbered statute, AS 43.20.145.
Authority:AS 43.05.080
AS 43.20.145
