Alaska Statutes Title 43. Revenue and Taxation § 43.20.044. Exploration credits

(a) A taxpayer may apply as a credit against the tax levied under this chapter

(b) In a tax year in which a taxpayer applies against the tax levied under this chapter the exploration incentive credit authorized by AS 27.30, the commissioner shall require the taxpayer to submit the accounting of mining operation activities form required by AS 27.30.030(b).