Sec. 27.30.025 Conditional Certification.
(a) A person may submit a request for conditional certification for the credit when(1) the person has conducted or intends to conduct exploration activities...
Sec. 27.30.030 Application of the Credit.
(a) In a tax year or royalty payment period, subject to (c) of this section and the respective limitations of this subsection, the person...
Sec. 27.30.040 Credit May Be Carried Forward.
Except as its application is limited by AS 27.30.030 and 27.30.050, a portion of a credit that is not applied under AS 27.30.030 during...
Sec. 27.30.050 Limit on Application of Credit.
An exploration incentive credit for a mining operation may not exceed $20,000,000 and must be applied within 15 tax years or royalty payment periods...
Sec. 27.30.060 Assignment of Credit.
A person may assign an exploration incentive credit to the person's successor in interest for the mining operation at which the exploration activities occur,...
Sec. 27.30.080 Relationship to Other Funds.
Amounts due the permanent fund under AS 37.13.010 shall be calculated before the application of a credit extended under this chapter.
Sec. 27.30.090 Confidentiality of Data.
(a) The commissioner shall keep the exploration activity data provided under AS 27.30.020 confidential for 36 months after receipt by the department.(b) The department...
Sec. 27.30.095 Fees.
The commissioner may charge a fee for the direct costs incurred by the department and the Department of Revenue for evaluating or auditing an...
Sec. 27.30.099 Definitions.
In this chapter,(1) "credit" means the exploration incentive credit for activities involving locatable and leasable mineral and coal deposits authorized by this chapter;(2) "eligible...