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Alaska Mining License Application Form 661 May 1, 2014 to April 30, 2015 One Application per Mining Operation (See instructions for more information) Application Type New If applicant is a fiscal.

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In Alaska, production royalties are 3 percent of a miner's net income as calculated through the mining license tax. From that 3 percent, miners can deduct the rent they pay to the state for the claim/lease that produced the mineral. Production royalties are due May 1 of every year.

Alaska does not have an individual income tax. Alaska has a 2.0 to 9.40 percent corporate income tax rate. Alaska does not have a state sales tax, but has a max local sales tax rate of 7.50 percent and an average combined state and local sales tax rate of 1.76 percent.

Alaska, AK State Income Taxes. Since Alaska does not levy an income tax on individuals, you are not required to file an AK State Income Tax Return.

Additional Information or Instructions: Alaska does not have state sales and use tax. Localities and municipalities may still assess other taxes (e.g., room, bed, lodging). Do I need a form? Yes, for rental vehicles only.

Alaska State Filing The state of Alaska does not require you to file Form W-2 as there is no state income tax. Even though the State of Alaska does not require W2 Form, the IRS/SSA still requires you to file Form W2 to report wages and the taxes withheld for each of your employees for the year.

The State of Alaska does not have a tax exemption certificate, as it is not necessary to have one. The Alaska Constitution provides that the State of Alaska is exempt from all taxes emanating from within Alaska.

The mining industry also pays up to 7 percent of net profits as an additional mining license tax, which applies to all mining operations, including royalty owners, regardless of size, land status, mineral ownership, or location. Mining operations on state land pay an additional 3 percent net profit royalty.

Since Alaska does not levy an income tax on individuals, you are not required to file an AK State Income Tax Return. However, you may need to prepare and efile a Federal Income Tax Return.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232