Our support department has been fielding questions about the new alcohol tax being implemented in the Municipality of Anchorage - so we decided to ask the experts! And, we had a very useful and informative follow-up meeting with representatives from the Treasury Division at the Municipality of Anchorage in December. We really appreciate the time they spent with us.
We know that you have a million things on your minds right now, so we want to help you and your business with this process. February will be here before you know it - so we want to help you prepare now.
We have been in communication with the folks in the Tax Department at the Municipality of Anchorage and are meeting with them again today to get clarification on some of the details. In the meantime, we wanted to share with you some of the resources from their website. You can read more on MOA's website or download their informative presentation from this link.
After our meeting, we will be sharing more details on collecting, reporting, and auditing requirements. We will also be providing specific instructions for our customers that are affected by this new tax.
Here are some of the highlights from their presentation:
• December 1, 2020: Online registration opens
• February 1, 2021: Begin collecting alcohol tax
• March 15, 2021: Last day to register for certificate without incurring late registration penalty of $250
• March 31, 2021: Last day for filing first monthly tax return reporting taxable sales
and tax due; Last day for remitting tax due for the reporting month of February