Alaska House Passes Online Sales Tax Bill
Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Alaskas House Bill 280 aims to increase corporate income tax from out-of-state companies selling online to Alaskans. The bill, passed by a narrow margin, introduces market-based sourcing, taxing companies based on the customers location rather than their home base. This change could potentially bring in around $15 million annually, primarily targeting out-of-state C corporations. However, the governors team and some lawmakers argue for a comprehensive fiscal plan before implementing new taxes. The bill now moves to the Senate for further consideration.
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