Alaska Administrative Code
Title 15 - Revenue
Chapter 52 - Transportation Taxes
Article 1 - Vehicle Rental Tax
15 AAC 52.030 - Effect of extensions, renewals, or new or supplemental contracts
Current through August 30, 2024
In determining whether a lease or rental exceeds a period of 90 consecutive days and is not subject to the tax imposed in AS 43.52.010 and 43.52.030,
(1) the initial lease or rental contract must contain a written term exceeding 90 consecutive days;
(2) an extension or renewal of, or a new or supplemental contract to, an initial lease or rental contract described in (1) of this section for a period of 90 days or less may be combined with the initial lease or contract if there is not a break in total consecutive days; and
(3) a lease or rental contract that contains a term exceeding 90 consecutive days is subject to the tax if that lease or rental contract is closed or completed on or before the 90th day.
Authority:AS 43.05.080
AS 43.52.010
AS 43.52.030
AS 43.52.050
AS 43.52.080
