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11-95-11
Section 11-95-11 Exemption from taxation and fees. The property and income of a corporation,
all bonds issued by a corporation, the income from such bonds, conveyances by or to a corporation,
and leases, mortgages and deeds of trust or trust indentures by or to a corporation shall
be exempt from all taxation in the State of Alabama. A corporation shall be exempt from all
taxes levied by any county, municipality, or other political subdivision of the state, including,
but without limitation to, license and excise taxes imposed in respect of the privilege of
engaging in any of the activities in which a corporation may engage. A corporation shall not
be obligated to pay or allow any fees, taxes or costs to the judge of probate of any county
in respect of its incorporation, the amendment of its certificate of incorporation or the
recording of any document. (Acts 1981, No. 81-338, p. 480, §11.)...
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11-99B-14
Section 11-99B-14 Exemption from taxation of district and the property, leases, and
bonds thereof; payment of fees, taxes, or costs to judge of probate for incorporation. The
property and income of the district, all bonds issued by the district, the income, and profits
from such bonds, conveyances by or to the district and leases, mortgages, and deeds of trust
by or to the district shall be exempt from all taxation in the state. The district shall be
exempt from all taxes levied by any county, municipality, or other political subdivision of
the state, including, but without limitation to, license and excise taxes imposed in respect
of the privilege of engaging in any of the activities that a district may engage in. The district
shall not be obligated to pay or allow any fees, taxes, or costs to the judge of probate of
any county in respect of its incorporation, the amendment of its certificate of incorporation
or the recording of any document. (Act 2000-781, p. 1825, §14.)...
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16-44A-34
Section 16-44A-34 Exemption from state and local taxes; acts in agreement authorized.
(a) The trust shall be exempt from all taxes of the State of Alabama and its political subdivisions.
Provided that the trust's "unrelated business taxable income" as determined in accordance
with 26 U.S.C. §512, as in effect from time to time, shall be subject to the tax levied by
Section 40-18-31, as amended. All receipts, from whatever source, are appropriated
to the trust until expended and shall not lapse. The trust is authorized to solicit gifts
and donations, and all gifts, grants, devises, and bequests shall be deductible from state
income taxes in accordance with Section 40-18-15. (b) All of the acts provided for
in the body of the compact or trust agreement are hereby specifically authorized and provided
for, it being the intent of this article to incorporate the entirety of the provisions of
the compact into the Code of Alabama. This compact and this article shall be liberally construed
to...
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2-3A-11
Section 2-3A-11 Exemption from taxation. The property and income of the authority, all
bonds issued by the authority, the income from such bonds, conveyances by or to the authority,
and leases, mortgages and deeds of trust or trust indentures by or to the authority shall
be exempt from all taxation in the State of Alabama. The authority shall be exempt from all
taxes levied by any county, incorporated city or town, or other political subdivision of the
state, including, but without limitation to, license and excise taxes imposed in respect of
the privilege of engaging in any of the activities in which the authority may engage. The
authority shall not be obligated to pay or allow any fees, taxes or costs to the judge of
probate of any county of this state in respect of its incorporation or the recording of any
document. Nothing in this section shall be construed to exempt any private person,
firm or corporation from payment of any ad valorem, mortgage or deed taxes or recording fees...
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40-12-244
Section 40-12-244 License tags and registration fees - Exemption for members of armed
forces, etc. There shall be exempt from the operation of the privilege or license tax and
registration fee now or hereinafter to be levied on automobiles and motor vehicles by the
State of Alabama one passenger vehicle owned by any of the following: (1)a. An active member
of the Alabama National Guard or the Alabama State Guard, when organized in lieu of the National
Guard or for any service-connected disabled veteran. The exemption for any service-connected
disabled veteran extends only to the service-connected disabled veterans' license plate. The
exemption for active members of the Alabama National Guard or Alabama State Guard, when organized
in lieu of the National Guard, shall be claimed upon presentation of proper identification
on forms prescribed by the Adjutant General. Active members of the National Guard may obtain
additional license plates for other passenger vehicles which they own by...
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40-14A-2
Section 40-14A-2 Operating rules. (a) The taxpayer's net worth shall be determined for
purposes of the taxes levied by this chapter in accordance with the accounting principles
used in preparing the taxpayer's financial statements reported to its owners. If the taxpayer's
financial statements are not prepared in accordance with generally accepted accounting principles,
then net worth for such purposes shall be determined either on the same basis as it prepares
its federal income tax return or as required by the appropriate regulatory agencies having
jurisdiction. However, in the case of a taxpayer that is an insurer holding a certificate
of authority to conduct an insurance business within the State of Alabama, net worth for such
purposes shall be computed on the same basis as its financial statements are prepared in accordance
with the requirements of the State of Alabama Insurance Department. (b) Net worth may be determined
from the taxpayer's financial statements for its...
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40-15B-2
Section 40-15B-2 Definitions. In this chapter: (1) "Apportionable estate"
means the value of the gross estate as finally determined for purposes of the estate tax to
be apportioned reduced by: (A) any claim or expense allowable as a deduction for purposes
of the tax; (B) the value of any interest in property that, for purposes of the tax, qualifies
for a marital or charitable deduction or otherwise is deductible or is exempt; and (C) any
amount added to the decedent's gross estate because of a gift tax on transfers made before
death. (2) "Estate tax" means a federal, state, or foreign tax imposed because of
the death of an individual and interest and penalties associated with the tax. The term does
not include an inheritance tax, income tax, or generation-skipping transfer tax other than
a generation-skipping transfer tax incurred on a direct skip taking effect at death. (3) "Gross
estate" means, with respect to an estate tax, all interests in property subject to the
tax. (4) "Person"...
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11-49B-14
Section 11-49B-14 Exemption from taxation. (a) The property and income of the authority,
all bonds issued by the authority, the income from the bonds, conveyances by or to the authority,
and leases, mortgages, and deeds of trust by or to the authority shall be exempt from the
following: (1) All taxation in the State of Alabama. (2) All taxes levied by any county, municipality,
or other political subdivision of the state, including, but without limitation to, license
and excise taxes imposed in respect of the privilege of engaging in any of the activities
that an authority may engage in. (b) The authority shall not be obligated to pay or allow
any fees, taxes, or costs to the judge of probate of any county in respect of its incorporation,
the amendment of its certificate of incorporation, or the recording of any document. (c) The
employees of the authority shall pay any occupational taxes required by law, and the authority
shall collect and remit the occupational taxes in accordance...
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11-54B-8
Section 11-54B-8 Costs of supplemental services; assessment of classes; exemptions.
(a) A self-help business improvement district ordinance shall provide that all costs of the
supplemental services provided in a business improvement district will be financed through
the levy of a special assessment on the owners of the real property located within the geographical
area of the district and shall designate the method set forth in the plan as the method which
will be used to determine the amount of such special assessment in a manner which fairly and
equitably distributes the burden of financing the supplemental services among the real property
owners in the district. Such ordinance shall list and describe, by metes and bounds, by lot
and block numbers, or by street addresses, all real properties against which the special assessment
will be made to fund such supplemental services. (b) The board of directors of the district
management corporation, in its sole discretion, may assess classes...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-8.htm - 3K - Match Info - Similar pages
40-16-1
Section 40-16-1 Definitions. For the purpose of this chapter, the following terms shall
have the respective meanings ascribed to them by this section: (1) FINANCIAL INSTITUTION.
Any person, firm, corporation, and any legal entity whatsoever doing business in this state
as a national banking association, bank, banking association, trust company, industrial or
other loan company or building and loan association, and such term shall likewise include
any other institution or person employing moneyed capital coming into competition with the
business of national banks, and shall apply to such person or institution regardless of what
business form and whether or not incorporated, whether of issue or not, and by whatsoever
authority existing. The common parent corporation of a controlled group of corporations eligible
to elect to file a consolidated excise tax return, in accordance with Section 40-16-3,
shall be considered a financial institution if such parent corporation is a registered bank...
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