Alaska Introduces Bill That Would Create State Sales Tax, Adopt Streamlined Sales Tax

Alaska would adopt a new two percent state sales and use tax and enter the Streamlined Sales and Use Tax Agreement under a new bill introduced in the Alaska House of Representatives on August 30, 2021. Currently, Alaska is one of five states that does not have a statewide sales tax. However, local jurisdictions in Alaska are able to impose sales and use tax at the local level. The bill provides that collection of municipal sales and use taxes would be centralized to the Alaska Department of Revenue, with proceeds remitted back to municipalities. The bill allows the Department of Revenue to sign onto the Streamlined Sales and Use Tax Agreement and adopt regulations consistent with the agreement. (H.B. 3006A, introduced August 20, 2021)

Posted on September 14, 2021