Anchorage, Alaska
The city of Anchorage, Alaska imposes several taxes on its residents and those doing business in the city, in order to generate revenue for city operations. All real and personal property owned and located in Anchorage is reported, assessed, and taxed on an annual basis. The tax is figured based on the assessed value of the property.
Anchorage charges a registration tax for aircraft. The rate for single-engine aircraft is $75 per year, while aircraft with more than one engine are charged $125 per year.
Like many municipalities, the city of Anchorage, Alaska imposes a room tax, also known as a lodging tax. The rate for this tax is 12% of the amount paid for the accommodations.
Anchorage also levies an excise tax on cigarettes and tobacco products. The rate of this tax is 65 mills per cigarette, and 45% of the wholesale price of other tobacco products.
There is also imposed a rental tax on rental of motor vehicles. This tax is 8% of the amount charged for the rental.
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