Tax & Accounting Blog

Electronic Filing Now Required in Alaska

Blog, ONESOURCE, ONESOURCE Property Tax July 1, 2016

Effective 7/1/2016, the Alaska Department of Revenue will begin requiring the electronic submission of tax returns and reports, in a format stipulated by the department, per the addition of Sec. 43.05.045.  Furthermore, this requirement shall apply to taxes under this title and for any other tax administered by the Department of Revenue.  A penalty for non-compliance may be assessed.  If a taxpayer can prove satisfactorily that they do not have the capability to report electronically, an exemption from the electronic submission requirement may be granted.  The application for exemption must be filed before the return or report in question is due and if granted, the exemption will be valid for 5 years.