Alaska local taxes
In 2008 the Prudhoe Bay and the Trans-Alaska Pipeline (TAPs) brought in $253.7 million dollars to be infused into local governments.
Types of taxes
Property tax facts
- Only 14 out of 18 boroughs levy a property tax.
- Only 11 cities levy a property tax.
- In 2008, $988.7 million was collect from property taxes.
- Senior citizens, 65 and older, are exempt from property taxes up to $150,000, which results in a average exemption of $1,821.
- The average per capita property tax is $1,212.
Alaska is one of five states that does not have a statewide sales tax.
Alaska is one of seven states that does not have a statewide income tax.
Borough comparison chart
This information is based on a report by the Alaska Office of the Assessor's 2008 report.
|Borough||Class||Property tax||Sales tax||Raw fish tax||Liquor tax||Bed tax||Tobacco tax||Other special taxes|
|Aleutians East Borough||2nd||2%||-||-||-||-|
|Municipality of Anchorage||Unified home rule||-||-||12%||69.3 mill tax||8% Car rental|
|Bristol Bay Borough||2nd||3%||-||10%||-||-|
|Denali Borough||Home rule||-||-||7%||-|| Sev. tax $.05/yd |
Grvl $.05 ton-coal
|Fairbanks North Star Borough||2nd||-||5%||8%||8% Tobacco||-|
|Haines Borough||Home rule||5.5%||-||-||4%||-||-|
|Juneau Borough||Unified home rule||5%||-||3%||7%||$.30 Pack Tobacco||-|
|Kenai Peninsula Borough||2nd||2%/3%||-||-||-||-||-|
|Ketchikan Gateway Borough||2nd||2.5%||-||-||4%||-||-|
|Kodiak Island Borough||2nd||-||-||5%||-|| 1.05% severance |
911 tax $0.75-line
|Lake and Peninsula Borough||Home rule||2%||-||6%||-||-|
|Matanuska-Sustina Borough||2nd||-||-||5%||Excise tax 5.29%||-|
|North Slope Borough||Home rule||-||-||-||-||-|
|Northwest Arctic Borough||Home rule||-||-||-||-||-|
|Sitka Borough||Unified home rule||5%/6%||-||-||6%||50 mill tax||-|
|Yakutat Borough||Home rule||4%||1%||-||8%||-|| Sevr. tax 4%|
Car rental: 8%