8.52.040 Exemptions.
The following sales are exempt from the collection of the alcoholic beverage tax:
A. Retail sales within the City of Fairbanks and the city of North Pole up to a total tax amount of five percent of the sales price from the Borough tax or the amount the city separately levies a sales tax on the same item, whichever is less, subject to the following limitations:
1. The Borough does not intend to act as a collection agent for city taxes on retail sales.
2. If any municipality within the Borough imposes a city tax on retail sales exceeding the tax imposed by the Borough, neither the seller nor the buyer is entitled to a refund from the Borough from such retail sales.
B. Any wholesale sale (sale for resale) of alcoholic beverages by a bona fide alcoholic beverage distributor. (Ord. 2016-24 § 3, 2016; Ord. 2004-14 § 2, 2004. 2004 Code § 3.59.040.)