Fisheries Tax Due Dates - Buyers


 

TAX TYPES, RATES & DUE DATES for BUYERS

Tax Type

Rate

2011 Due Dates

2012 Due Dates

Comments

FISHERIES BUSINESS TAX

 

Before April 1, 2011 - for taxes incurred in 2010

Before April 3, 2012 - for taxes incurred in 2011

Annual Return

Established Commercial Fisheries

 

            Floating Processor

5%

            Salmon Cannery: Shore-based

4.5%

            Shore-based Processor

3%

            Exporting Unprocessed from Alaska to a

3%

                         Shore-based Processor

 

            Exporting Unprocessed from Alaska to a

5%

                          Floating Processor

 

   Developing Commercial Fisheries

 

            Floating Processor

3%

            Shore-based Processor

1%

            Exporting Unprocessed from Alaska to a

1%

                         Shore-based Processor

 

            Exporting Unprocessed from Alaska to a

3%

                         Floating Processor

 

ALASKA SEAFOOD MARKETING ASSESSMENT

0.5%

Before April 1, 2011 - for taxes incurred in 2010

Before April 3, 2012- for taxes incurred in 2011

Annual return

Imposed only if aggregate value of ALL seafood products produced > $50,000

SALMON ENHANCEMENT TAX

 

This report must be filed by the buyer and the taxes paid no later than the last day of the month following the month in which the salmon were purchased or acquired.

This report must be filed by the buyer and the taxes paid no later than the last day of the month following the month in which the salmon were purchased or acquired.

Monthly Return

 

                  Aquaculture Region:

 

                           Southern Southeast

3%

                           Northern Southeast

3%

                           Prince William Sound

2%

                           Cook Inlet

2%

                           Kodiak

2%

                           Chignik

2%

SALMON ENHANCEMENT BUYER''''S ANNUAL REPORT

N/A

Buyer must file report by March 1, 2011 - for taxes incurred in 2010

Buyer must file report by March 1, 2012- for taxes incurred in 2011

Annual Return

REGIONAL SEAFOOD DEVELOPMENT TAX

 

This report must be filed by the buyer and the taxes paid no later than the last day of the month following the month in which the salmon were purchased or acquired.

This report must be filed by the buyer and taxes paid no later than the last day of the month following the month in which the salmon were purchased or acquired.

Monthly

Development Region & Gear Type:

 

                         PWS - Salmon Drift Gillnet

1%

                         PWS - Salmon Set Gillnet

1%

                         Bristol Bay - Salmon Drift Gillnet

1%

DIVE FISHERY MANAGEMENT ASSESSMENT

 

Buyers file returns and pay tax quarterly for dive species purchased or acquired within the southeast dive region. The due date is the last day of the month following the calendar quarter.

Buyers file returns and pay tax quarterly for dive species purchased or acquired within the southeast dive region. The due date is the last day of the month following the calendar quarter.

Quarterly Return

Dive Region: Southeast

 

Species:

 

                                           Geoduck

7%

                                           Sea Cucumbers

5%

                                           Sea Urchins

7%