OPINION
SERDAHELY, Superior Court Judge.
The issue presented in this appeal is whether, for purposes of computing the business license fee or tax of banks under the Alaska Business License Act, AS 43.70.010-.120, interest received by the banks on bonds issued by the Alaska State Housing Authority ("ASHA") and the Alaska Housing Finance Corporation ("AHFC") should be considered as "net income" of the banks within the meaning of the Act. We hold that it should...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.