Chapter 3.28
PIPELINE PROPERTY TAX

Sections:

3.28.010    Levied on “taxable property.”

3.28.020    Property tax return filing.

3.28.010 Levied on “taxable property.”

Pursuant to Alaska Statutes Section 29.45.080 there is hereby levied a tax on all taxable property taxable under Alaska Statutes Chapter 43.56 at the rate of taxation that applies to other property taxed by the city. (Prior code § 25-124)

3.28.020 Property tax return filing.

A.    Every person having ownership or control of or an interest in property taxable under Alaska Statutes Chapter 43.56, herein referred to as Alaska Statutes Chapter 43.56 property, shall file with the city assessor a copy of the Alaska Statutes Chapter 43.56 property tax return filed with the State of Alaska Department of Revenue, based on the values on January 1st of each year, within seven days of filing with the Department of Revenue. In addition, copies of any claims for refund arising from decreased liability for any purpose under Alaska Statutes Chapter 43.56 shall be filed with the city assessor within seven days of filing with the Department of Revenue.

B.    The assessor is not bound to accept the return rendered to the Department of Revenue as correct. He may make an independent investigation of Alaska Statutes Chapter 43.56 property upon which a return has been filed or of Alaska Statutes Chapter 43.56 property upon which no return has been filed. In either case, the assessor may make his own valuation of the Alaska Statutes Chapter 43.56 property, which is prima facie evidence of value.

C.    The assessor or the finance director may appeal the assessment levied by the Department of Revenue as provided under Alaska Statutes Chapter 43.56, Sections 110, 120 and 130.

D.    The Department of Revenue shall be notified by the assessor of any property determined to be Alaska Statutes Chapter 43.56 property which was not reported to the department. The notice shall contain:

1.    A description of all such taxable property;

2.    The assessed value of all such taxable property;

3.    The names and addresses of persons owning property subject to assessment and taxation. (Amended during 12-08 supplement; prior code § 25-125)