Alaska Stat. § 47.45.120

Exemption from state and local taxation and from debt collection.

Last amended: 1982Year: 2026Length: 65 wordsSubsections: 2Official source
(a) Bonuses received under AS 47.45.010 — 47.45.160 are exempt from all state and political subdivision taxes except sales and use taxes. A bonus received under AS 47.45.010 — 47.45.160 is not exempt from a federal tax requirement. (b) Bonuses received under AS 47.45.010 — 47.45.160 are exempt from levy to enforce the collection of a debt as provided in AS 09.38 (Alaska Exemptions Act).
Alaska Stat. § 47.45.120: Exemption from state and local taxation and from debt collection. | Justis AI