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Alaska Fisheries Business Tax Surety Bond
A Fisheries Business Tax is levied on persons who process or export fisheries resources from Alaska. The tax is based on the price paid to commercial fishers or fair market value when there is not an arms length transaction. Fisheries business tax is collected primarily from licensed processors and persons who export fish from Alaska. As security, an Alaska Fisheries Business Tax Surety Bond is required to assure the Principal will pay when due all fisheries assessments, fees and/or taxes, penalties and interest due and to become due and owing to the state of Alaska.
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