Form 04-560.1 - Alaska Salmon Price Adjustment Report Instructions
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1State of Alaska
Alaska Salmon Price Adjustment Report
Instructions
Who Must File an Alaska Salmon Price Adjustment
Examples
Example 1:
If there is a $.50/lb wholesale price
Report
A processor must report any net changes to the data on
increase in the wholesale price of 1,000,000 pounds of
an Alaska Salmon Price Report filed with the State of
sockeye salmon processed into frozen H&G salmon in
Alaska.
the Prince William Sound production area and reported
on an Alaska Salmon Price Report filed with the
Department, the processor must report an adjustment in
Where to File
Department of Revenue
value of $500,000, referencing the associated species
Tax Division
(sockeye), product form (frozen H&G) and production
PO Box 110420
area (Prince William Sound). Because the quantity of
Juneau, AK 99811-0420
salmon sold did not change, the change in net weight
would be zero.
It is important to reference all
adjustments back to the original report year, report
Confidentiality of Report (AS 43.80.065)
Information on reports submitted under AS 43.80.050
period and report month.
and price averages calculated by the department from
the information in the reports are public information,
Example 2:
The wrong species was reported on an
except information that identifies or could be used to
Alaska Salmon Price Report filed with the Department.
identify a particular fish processor is confidential.
The processor originally reports the wholesale value of
$2.50/lb for 1,000,000 pounds of chinook processed
into frozen H&G in the Prince William Sound
Specific Form Instructions
Changes to any of the following originally filed
production area.
However, the correct species is
information must be reported on an Alaska Salmon
sockeye salmon.
In this case, an adjustment of
Price Adjustment Report:
(1,000,000) pounds and ($2,500,000) for Chinook
Species
salmon processed into frozen H&G in the Prince
Production Area
William Sound production area is recorded on the
Product Form
adjustment report. In addition, there is an adjustment
Container Size
of 1,000,000 pounds and $2,500,000 of sockeye
Weight
salmon processed into frozen H&G in the Prince
Value
William Sound production area.
It is important to
Report Year
reference all adjustments back to the original report
Report Period
year, report period and report month.
Report Month
Report only net changes to pounds and value. If the
revised weight/value is less than the originally reported
weight, report the difference in parentheses. If the
revised weight/value is more than the originally
reported weight/value, report the change as a positive
number.
Report adjustments for only one report year/report
period on the adjustment report.
Multiple months
within the same report year and report period can be
on the same adjustment report.
Form 04-560.1 (New 12/00) Instructions
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