{tab=Income Taxes} No state income tax Retirement Income: Not taxed. {tab=Sales Taxes} State Sales Tax: The state currently does not have a sales and use tax. However, some jurisdictions impose local sales taxes that range up to 6%. Anchorage does not have a sales tax. Gasoline Tax: 8 cents/gallon Diesel Fuel Tax: 8 cents/gallon Cigarette Tax: $1.80/pack of 20 (Anchorage - add $1.30) {tab=Property Taxes} Property taxes are assessed in 25 of 161 municipalities. Homeowners 65 and older (or surviving spouses 60 and older) are exempt from municipal taxes on the first $150,000 of the assessed value of their property. This also applies to disabled veterans. Intangible personal property is exempt from taxation. Call 907-269-6620 (Anchorage) or 907-465-2320 (Juneau) for details. {tab=Estate Taxes} There is no inheritance tax and the estate tax is limited to federal estate tax collection. For further information, visit the Alaska Department of Revenue site. {/tabs}
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Last Updated ( Thursday, 29 November 2007 )
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