Tag: Truman Reed

The House Finance committee turned to House Bill 280, the "highly digitized tax" measure, which amends the Multistate Tax Compact to adopt market-based sourcing and shifts highly digitized businesses to single-factor apportionment for corporate taxes. Staffer Brody Anderson recapped: the bill targets online firms selling to Alaskans without physical presence, with a retroactive clause to January 1, 2026. Recent testimony from industries like motion pictures, banking, and telecom prompted amendment suggestions mirroring a vetoed prior bill.

Alaska House Resources Committee voted to advance House Bill...

In a landmark ruling last summer (Mahmoud v Taylor),...