Instructions For 2013 Alaska Fishery Resource Landing Tax Return
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10Instructions for 2013 Alaska Fishery Resource Landing
Tax Return
• If you landed sablefish (black cod), report the
IF YOU NEED HELP
headed and gutted weight under the “Unprocessed
If you have questions not addressed in these instructions,
Weight (lbs)” column.
need more information, or require assistance, contact us at
907-465-2320 or dor.tax.fishexcise@alaska.gov.
• If you landed scallops, report the shucked weight
under the “Unprocessed Weight (lbs)” column.
WHO MUST FILE?
Persons landing processed fishery resources in Alaska that
are not subject to AS 43.75 must file a Fishery Resource
GENERAL INSTRUCTIONS
Landing Tax Return. Landing is defined as the act of
unloading or transferring a fishery resource.
Estimated Tax Payment
Under AS 43.77.020, taxpayers are required to make
REQUEST FOR NOTICE OF VALUE
quarterly payments of the tax estimated to be due for the
year. Quarterly estimated payments are due by March 31,
If this is the first year you landed a fishery resource in Alaska
June 30, September 30 and December 31 of the tax year.
that was not subject to AS 43.75, or if you landed a resource
If the due date falls on a weekend, state, or federal holiday,
in Alaska that is subject to the fishery resource landing
tax that was not listed on the previous years’ Statewide
the payment will be considered timely if it is received or
postmarked on the next business day. Taxpayers will be
Average Price Report, you must submit Form 688-Request
subject to an estimated tax penalty unless timely estimated
for Notice of Value by January 31 of the year following the
year of the landings.
tax payments are made in equal installments that total the
lesser of:
NOTICE TO TAXPAYER
The American Fisheries Act (P.L. 105-277) requires a fishery
• 90% of the taxpayer’s tax liability or
cooperative to execute a contract with each cooperative
member that obligates the member to make a payment to
• 100% of the taxpayer’s tax liability for the immediately
the state for pollock harvested in the Alaska pollock fishery
preceding year (provided the taxpayer incurred tax in
that is not landed in Alaska. The required payment is equal
the immediately preceding year).
to the amount that would have been due under the state
landing tax had the product been landed in Alaska. AS
Payments that are $100,000 or more must be paid
43.77.015 requires that these payments be treated as if they
electronically.
are landing taxes, thereby imposing a filing and payment
If you did not operate until after the first installment period
requirement, and otherwise provides that the shared tax
provisions apply to the payments.
of the calendar year, you are not required to pay quarterly
installments until the earliest quarter in which a landing or
Pollock harvested in the Alaska pollock fishery must be
other taxable activity occurred. If you were not required
reported on Schedule 1E or 2E using the location code
to make the first and subsequent quarterly installments
9000.
because of no activity, in the “EFT or check number” column
of the payment record on page 2, write “No Activity” for the
applicable quarter. Note: once taxable activity occurs,
IMPORTANT INFORMATION
you are required to make estimated payments in equal
• The owner of the resource at the time of landing is
installments over the remaining installment periods.
responsible for the tax. The owner is the legal entity
that holds title to the resource and bears risk of
loss. If the owner of the resource operates multiple
If you were not subject to tax in the previous year, you may
vessels, a consolidated return must be filed. Separate
calculate the required installment for the current year by
schedules for each vessel may be used.
using the previous years’ statewide average price for the
same species.
• Each year the Alaska Department of Fish and Game
Final Tax Payment
creates a list of species that are designated as
“developing.” In many instances the “developing”
The due date for your final tax payment is March 31 of the
designation is specific to a particular location. To
year following the tax year. The payment will be considered
assist us in verifying all “developing” species, you
timely as long as it is postmarked on or received by March
must provide the waters from which the “developing”
31. If March 31 falls on a weekend, state or federal holiday,
species was harvested, by name. See example on
the due date is the next business day.
Schedule 1D or 2D.
0405-680i Rev 12/20/13 - page 1
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