Alaska Administrative Code
Title 15 - Revenue
Chapter 56 - Oil and Gas Exploration, Production and Pipeline Transportation Property Tax
15 AAC 56.900 - Definitions
Current through February 27, 2024
In this chapter,
(1) "board" means the State Assessment Review Board established by AS 43.56.040;
(2) "department" means the Department of Revenue;
(3) "director" means the director of the tax division of the department and an authorized representative or agent of the director;
(4) "error" means a mistake, due to any reason, that may affect the amount of tax levied or collected under AS 43.56,
(5) "investigation" means a systematic examination of books, records, property, and accounts to verify that all property taxable under AS 43.56 has been identified and reported as required by 15 AAC 56.005, that the information reported is correct, and that the property has been valued in conformity with applicable statutes, regulations, and departmental procedures; "investigation" may include observation, inquiry, audit, and confirmation, as necessary, to obtain information to establish the full and true value of all taxable property;
(6) "omitted property" means property or property value that is omitted from an assessment roll because the property owner files an inaccurate or incomplete property statement or fails to file a property statement;
(7) "property owner" means the owner of property taxable under AS 43.56 and the authorized representative or agent of the owner;
(8) "supplementary or amended assessment roll" means an assessment roll issued after the original assessment roll is certified for a tax year;
(9) "tax year" means a period beginning on January 1 and ending on the following December 31.
Authority:AS 43.05.080
AS 43.05.260
AS 43.56.010
AS 43.56.080
AS 43.56.100
AS 43.56.140
AS 43.56.200