Alaska Administrative Code
Title 15 - Revenue
Chapter 56 - Oil and Gas Exploration, Production and Pipeline Transportation Property Tax
15 AAC 56.075 - Taxable property
Current through February 27, 2024
(a) For purposes of AS 43.56 and this chapter, property is
(b) Property that is used for or committed by contract or other agreement to a state approved oil spill response, prevention, or recovery plan is only taxable under AS 43.56 if the department determines that
(c) A motor-propelled vehicle designed primarily for normal public highway use or an aircraft licensed and regulated as an aircraft owned by a person whose principal business in the state is exploration for, production of, or pipeline transportation of gas or unrefined oil, may be excluded from taxation under AS 43.56 if the primary use of the vehicle or aircraft does not directly relate to the conduct of that business.
As of Register 183 (October 2007), the regulations attorney made technical revisions under AS 44.62.125(b)(6), to 15 AAC 56.075(a) (1) and (2) and the authority citation.
Authority:AS 43.05.080
AS 43.56.060
AS 43.56.200
AS 43.56.210