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Alaska Mining License Tax Return 2013-2025 Form
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People also ask ak 662sf mining license tax
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Is Alaska a high tax state?
Alaska has a graduated corporate income tax, with rates ranging from 0.0 percent to 9.4 percent. Alaska does not have a state sales tax but has an average combined state and local sales tax rate of 1.82 percent. Alaska has a 1.07 percent effective property tax rate on owner-occupied housing value.
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What is the tax revenue of Alaska?
Alaska's combined state and local general revenues were $13.8 billion in FY 2021, or $18,839 per capita. National per capita general revenues were $12,277. Alaska does not levy a general sales tax or an individual income tax. However, some localities levy general sales taxes.
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How much does Alaska pay in federal taxes?
Overview of Alaska Taxes Gross Paycheck$3,369 Taxes 12.43% $419 Details Federal Income 12.43% $419 State Income 0.00% $023 more rows
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How much money does Alaska get from the federal government?
That year, Alaska received approximately $2.8 billion in federal aid, 26.9 percent of the state's general revenues. Taking into consideration the state's 2014 population, this came out to about $3,805 in federal aid per capita. Figures from surrounding states are provided for additional context.
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What is the mining license tax in Alaska?
Increases the highest tax rate from 7% to 9% for net taxable income in excess of $100,000. The other tax rates remain the same. For net income over $100,000 the tax is $4,000 plus 9% of the amount in excess of $100,000.
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What is Alaska's total revenue?
Total state revenue (including unrestricted general fund revenue, restricted revenue, and federal revenue) is estimated at $16.52 billion in fiscal 2025 (a 6.8 percent increase from fiscal 2024), while total unrestricted general fund revenue is estimated at $6.45 billion in fiscal 2025 (a 1.5 percent decrease).
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