Alaska Reports & Information

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Alaska
By the Numbers

Alaska Below is a snapshot of key features of Alaska's tax system. (Scroll Down)
Personal Income Tax Features (2015)
  • Range of Tax Rates: N/A
  • Standard Deduction: N/A
  • Personal Exemption: N/A
  • Dependent Exemption: N/A
  • Earned Income Tax Credit (EITC): None
  • No broad based personal income tax
Corporate Income Tax Features (2015)
  • Range of Tax Rates: 1.00% - 9.40%
  • Income Level at Which Top Rate Applies: $220,000
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 33%
  • Apportionment Factor (Property): 33%
  • Apportionment Factor (Sales): 33%
Sales Tax Features (2015)
  • State Sales Tax Rate: N/A
  • Average Local Sales Tax Rate: 1.3%
  • Average Combined State & Local Sales Tax Rate: 1.3%
  • State Sales Tax Treatment of Groceries: N/A
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 1 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • State taxes consumption of hotels, motels, and lodging
Property Tax Features (2015)
  • Provides a local option homestead exemption.
  • Provides large homestead exemption for the elderly and disabled.
Other Tax & Revenue Features (2015)
  • Gasoline Tax Rate (per gallon): $0.11
  • Diesel Tax Rate (per gallon): $0.08
  • Cigarette Tax Rate (per pack): $2.00
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: N/A
Tax Policy Oversight
  • Tax Expenditure Report: One-time release only
  • Tax Incidence Analysis Capability: None

Last Updated January 13, 2015

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