Our Dash of SALT Blog provides the most recent developments and changes in state and local tax regulations. Here are the latest updates for Alaska.
September 23, 2021
Alaska Introduces Bill to Implement a Statewide Sales Tax- Foreign Information Technology Services Not Subject to Tax
On August 30, 2021, Alaska’s legislature has proposed to apply a 2% statewide sales tax. As it stands right now, Alaska allows localities (e.g., Juneau) to impose and collect their own local sales tax (and use Wayfair nexus standards). If the bill is enacted, the 2% statewide rate would be in addition to any local sales tax imposed. Furthermore, the proposed legislation centralizes sales tax collection for both state and local sales tax and the Alaska Department of Revenue would become responsible for distributing the taxes remitted to the appropriate localities. There is a strong sense that a statewide sales tax will continue to utilize Wayfair nexus standards. If this bill is enacted, New Hampshire, Oregon, Montana, and Delaware will be the only remaining states that do not impose sales and use tax taxes.
More on Taxes and the Coronavirus Pandemic.
Disclaimer: Please note this is the information that is readily available at this time, it is subject to change so please consult your Withum tax advisor.
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The State and Local Tax (SALT) laws vary from state to state and are constantly changing. Reach out to Withum’s SALT Team for guidance on how to navigate your state’s local tax laws.
