HB398 — An Act relating to the allocation and apportionment of income of a public utility for purposes of the Alaska Net Income Tax Act; and providing for an effective date.

HB398 — An Act relating to the allocation and apportionment of income of a public utility for purposes of the Alaska Net Income Tax Act; and providing for an effective date. · Informed CitizenryHB 398 amends the Alaska Net Income Tax Act to establish rules for how a taxpayer that is a public utility must allocate and apportion income. Specifically, it requires such taxpayers to follow the…Open in Informed Citizenry