Financing in Alaska>Question Details

Mike, Home Buyer in 92373

what is the tax status for Alaska.......state, and property

Asked by Mike, 92373 Thu Aug 9, 2007

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The information provided by Pam can be found at the following link: http://www.bankrate.com/brm/itax/edit/state/profiles/state_t…
2 votes Thank Flag Link Thu Aug 9, 2007
Mike, I'm not copmletely sure about what specific tax information you are looking for but I'm sure you'll be happy to know that there is no personal income tax in Alaska. The state uses the taxes its levies, mostly on petroleum that pays for the state's expenses and operations.

As for property tax, it depends on what area you are in in Alaska. Each city and county will have different levels of property tax, just as it is different depending on county here in the Bay Area. Some of the areas in Alaska don't even have any property tax, but there are some cities that fall under taxable regions. You can find out what your particular area requires by contacting your local assessor's office. You can find the contact info at this link: http://www.commerce.state.ak.us/dca/osa/taxing.htm.

You can find more tax information, including other types of taxes in case you're interested:
http://www.tax.state.ak.us/abouttax/aktaxes_new.asp and http://www.bankrate.com/brm/itax/edit/state/profiles/state_t…
1 vote Thank Flag Link Thu Aug 9, 2007
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