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Alaska Salmon Price and Production Reports
2018 Annual Report


Alaska Salmon Price and Production Reports Reports





Price and Production Report data.

AS 43.80

Description

Alaska requires large processors that sell salmon products at wholesale to provide production and price information to the Department of Revenue’s Tax Division. This information is used to publish average wholesale price information for the Alaska Legislature and the public.

Reports

Processors selling salmon products at wholesale are required to file price reports on salmon for the periods January through April, May through August, and September through December. The tri-annual reports are due by the end of the month following the tri-annual period.

Processors must also file annual reconciliation reports by Jan. 31 of the following year.

Exemptions

Processors excluded from the tax under AS 43.75.017, and processors that sell 1 million pounds or less of salmon products annually are exempt from the report-filing requirements.

History

1980 – The Legislature enacted salmon price reporting requirements for salmon canneries. Effective Sept. 10, 1980, the department was required to compute and report to the Legislature the average wholesale prices obtained for canned salmon reported by Alaska salmon canneries during the months of August, September, October, November and December for the previous five years.

1983 – The Legislature imposed a semi-annual report filing requirement on salmon canneries. Effective July 9, 1983, salmon canneries were required to report prices received for canned salmon for the periods October through March, and April through September. Reports were due by the end of the month following the semi-annual reporting period, and the canneries were required to list products by case and specified can sizes. The legislation required the department to calculate monthly and annual wholesale price averages for each species of salmon in each unit category and to report that information to the Legislature by the 15th day of each legislative session.

1998 – The Legislature expanded the reporting requirement to include thermally processed salmon products and limited the reporting requirement to processors selling more than 240,000 pounds of thermally processed salmon products at wholesale during the calendar year.

The legislation replaced the semi-annual filing with a tri-annual filing, and required processors to report all container sizes of thermally processed salmon. Effective Sept. 1, 1998, all salmon canneries were required to report prices received for thermally processed salmon for the periods January through April, May through August, and September through December. The reports were due by the end of the month following the tri-annual reporting period, and all the salmon canneries were required to list thermally processed salmon products by whatever sizes sold.

2000 – The Legislature broadened the reporting requirement to include all processed salmon products and increased the reporting requirement to include only those processors selling more than 1 million pounds of salmon products at wholesale. Effective Sept. 1, 2000, large processors were required to provide areas of production for each salmon product sold at wholesale. The legislation requires salmon processors to file an annual report summarizing yearly activity, and requires the department to publish average wholesale prices paid for salmon products by March 15 of each year.

2017 – Based on an industry request, the department approved a change in the way canning activity is reported to the department. Alaska salmon price and production filers in the past reported their canning activity in quarters (3.75 oz.), halves (7.5 oz.) or talls (14.75 oz.). Since the change, filers must now report their sales in 24-can cases. They will no longer be required to convert their canning activity to pounds. All thermally processed products in sizes other than quarters, halves and talls are reported in pounds.








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