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flag Alaska lawmakers revive corporate income tax bill to target online firms and raise $25–65M annually.

flag Alaska lawmakers are reintroducing a corporate income tax bill vetoed last year, aiming to raise $25–65 million annually by closing a loophole that lets digital businesses without a physical presence avoid state taxes. flag The bill would use market-based sourcing—taxing companies based on customer location—and target large online firms like Netflix and eBay. flag While it aligns with part of Governor Dunleavy’s fiscal plan, his office has not commented, and his past opposition to revenue increases without spending limits creates uncertainty. flag Some lawmakers support it with revisions, including avoiding retroactive application.

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