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40-18-15.2
Section 40-18-15.2 Net operating loss. Individuals may calculate a net operating loss from
a trade or business and apply the net operating loss against prior taxable income or future
taxable income pursuant to this section. (1) For purposes of this section, the term "net
operating loss" means the excess of the deductions allowed by this chapter over the gross
income. The excess shall be computed with the modifications specified in subdivision (5).
(2) A net operating loss may be carried back to each of the two taxable years preceding the
taxable year of the loss. A net operating loss carryover may be carried to each of the 15
years following the taxable year of the loss. (3) The entire amount of the net operating loss
for any taxable year (hereinafter referred to as the "loss year") shall be carried
to the earliest of the taxable years to which, by reason of subdivision (2) that loss may
be carried. The portion of the loss which shall be carried to each of the other taxable years
shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-15.2.htm - 4K - Match Info - Similar pages
45-18-242.04
Section 45-18-242.04 Tax returns, forms, and remittances. On or before 30 days after the end
of the tax year, each person, corporation, partnership, firm, limited liability company, association,
proprietorship, or other entity liable for the payment of a privilege tax as levied by this
part shall make a return showing the gross proceeds of business done and compute the amount
of tax chargeable against him, her, or it in accordance with this part and deduct the amount
of monthly payments as hereinbefore provided, if any have been made, and transmit with this
report a remittance in the form required by this part covering the residue of the tax chargeable
against him, her, or it, to the agency, and such report shall be verified by oath. (Act 98-657,
p. 1440, §5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-18-242.04.htm - 1K - Match Info - Similar pages
45-40-244.04
Section 45-40-244.04 Annual report. On or before 30 days after the end of the tax year, each
person, corporation, partnership, firm, limited liability company, association, proprietorship,
or other entity liable for the payment of a privilege tax as levied by this part shall make
a return showing the gross proceeds of business done and compute the amount of tax chargeable
against him, her, or it in accordance with this part and deduct the amount of monthly payments
as herein provided, if any have been made, and transmit with this report a remittance in the
form required by this part covering the residue of the tax chargeable against him, her, or
it, to the agency, and such report shall be verified by oath. (Act 2001-561, p. 1130, §5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-40-244.04.htm - 1K - Match Info - Similar pages
11-51-188
Section 11-51-188 Due dates for licenses; discounts. (a) Except as provided in subsections
(b) and (c), each municipal business license shall be due on January 1st of each year and
shall be renewed annually on or before the 31st day of January, provided that a municipality
that imposed a delinquency date as of January 1, 2006, that was later than January 31 may
elect, by adoption of an ordinance, to impose a February 15 delinquency date. (b) If the due
date for payment of any business license hereunder falls on a weekend or a holiday recognized
by the municipality from time to time, the due date shall automatically be extended until
the next business day. (c) Notwithstanding subsection (a), insurance company licenses shall
be renewed annually on or before March 1, in accordance with Section 11-51-122. (d) Any municipality
may, in its discretion, grant a discount for payment of the applicable business license tax
prior to the due date prescribed above. The amount and terms of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-51-188.htm - 1K - Match Info - Similar pages
2-15-153
Section 2-15-153 Quarantining of lots, towns, cities, etc., where livestock infected with contagious,
infectious or communicable diseases, etc.; issuance and service upon owners, etc., of livestock
and agents, etc., of railroads, trucks, etc., of notice of establishment of quarantine. The
State Veterinarian or an assistant veterinarian or state livestock inspector shall quarantine
a stall, lot, yard, pasture, field, town, city, township, county or any part of the State
of Alabama when he shall determine the fact that livestock in such place or places are infected
with a contagious, infectious or communicable disease or when said livestock are infested
or infected with the carrier or carriers of a contagious, infectious or communicable disease
or when exposed to any such disease. The State Veterinarian or an assistant veterinarian or
livestock inspector shall issue written or printed notice of the establishment of said quarantining
to the owners or keepers of said livestock and to any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-15-153.htm - 2K - Match Info - Similar pages
27-19-22
Section 27-19-22 Optional policy provisions - Relation of earnings to insurance. (a) There
may be a provision as follows: "Relation of Earnings to Insurance: If the total monthly
amount of loss of time benefits promised for the same loss under all valid loss of time coverage
upon the insured, whether payable on a weekly or monthly basis, shall exceed the monthly earnings
of the insured at the time disability commenced or his average monthly earnings for the period
of two years immediately preceding a disability for which claim is made, whichever is the
greater, the insurer will be liable only for such proportionate amount of such benefits under
this policy as the amount of such monthly earnings or such average monthly earnings of the
insured bears to the total amount of monthly benefits for the same loss under all such coverage
upon the insured at the time such disability commences and for the return of such part of
the premiums paid during such two years as shall exceed the pro rata...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-19-22.htm - 2K - Match Info - Similar pages
40-14B-16
Section 40-14B-16 Vested premium tax credit - Amounts allowed. (a) The total amount of certified
capital for which premium tax credits may be allowed under this chapter for all years in which
premium tax credits are allowed is one hundred million dollars ($100,000,000). Notwithstanding
any provision of this chapter to the contrary, the granting of any credits against the insurance
premium tax shall not affect the insurance premium tax receipts of the Education Trust Fund
which is provided for in Act 93-679, 1993 Regular Session. (b) No premium tax credits can
be used until the second calendar year after the year of the investment by the certified investor.
(c) A certified investor may take up to 12.5 percent of the vested premium tax credit in any
taxable year of the certified investor, once the credits are earned, except for the initial
delay of this chapter. (d) A certified capital company and its affiliates may not file premium
tax credit allocation claims in excess of the maximum...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-14B-16.htm - 1K - Match Info - Similar pages
27-25-3
Section 27-25-3 Definitions. For the purposes of this chapter, the following terms shall have
the following meanings: (1) ABSTRACT OF TITLE. A compilation or summary of all instruments
of public record of whatever kind or nature which in any manner affect title to a specified
parcel of real property. (2) BUSINESS ENTITY. A domestic entity properly formed and existing
under Title 10A. (3) COMMISSIONER. The Commissioner of the Alabama Department of Insurance.
(4) INDIVIDUAL. A natural person. (5) NAIC. The National Association of Insurance Commissioners,
its subsidiaries and affiliates, and any successor thereof. (6) OPINION OF TITLE. A written
expression of the status of title, including, but not limited to, the validity or invalidity
thereof, based upon an examination by an attorney at law, who is licensed to practice law
in this state, of instruments of public record or an abstract thereof affecting title to a
specified parcel of real property to ascertain the history and present...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-3.htm - 5K - Match Info - Similar pages
27-31C-4
Section 27-31C-4 Issuance of license - Requirements. (a)(1) The commissioner may not issue
a license to an Alabama Coastal Captive Insurance Company unless the company possesses and
maintains unimpaired paid-in capital of not less than one million dollars ($1,000,000); however,
in the case of an Alabama Coastal Captive Insurance Company formed as a sponsored captive
insurance company that does not assume any risk, where the risks insured by the protected
cells are homogenous, the commissioner may reduce this amount to an amount not less than five
hundred thousand dollars ($500,000). (2) a. Except for an Alabama Coastal Captive Insurance
Company formed as a sponsored captive insurance company that does not assume any risk, the
capital must be in the form of cash, cash equivalent, or an irrevocable letter of credit issued
by a bank chartered by this state or a member bank of the Federal Reserve System with a branch
office in this state or as approved by the commissioner. b. For an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31C-4.htm - 3K - Match Info - Similar pages
32-7A-2
Section 32-7A-2 Definitions. (a) For the purposes of this chapter, the following terms shall
have the following meanings respectively ascribed to them in this section, except in those
instances where the context clearly indicates a different meaning: (1) CERTIFICATE OF INSURANCE.
A document issued by an insurer or its authorized representative showing that a specific vehicle
is insured for no less than the minimum limits of liability coverage for bodily injury or
death and for destruction of property under subsection (c) of Section 32-7-6. (2) COMMERCIAL
AUTOMOBILE LIABILITY INSURANCE POLICY. An insurance policy that: a. Is written on either a
commercial coverage or other commercially rated personal policy form, including, but not limited
to, a commercial auto, garage, or truckers form, and is not dependent on the type, number,
or ownership of vehicle or entity covered or insured. b. Insures vehicles that are not identified
individually by vehicle identification number on the policy....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7A-2.htm - 6K - Match Info - Similar pages
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