State Senate passes bill to collect more corporate taxes from digital businesses
1 Articles
1 Articles
State Senate passes bill to collect more corporate taxes from digital businesses
A change to Alaska’s corporate income tax structure could add as much as $65 million a year to the state treasury by expanding the tax code to collect more from digital businesses, such as online merchants located outside the state. The Alaska Senate voted 16-4 on April 15 to approve Senate Bill 113, which changes the state’s corporate income tax code to require online merchants and other business...
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