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29-2-4
Section 29-2-4 Reporting requirements; powers and duties. (a) On or before January 31 of each
year, any county or city required to report local motor fuel excise tax rate information to
the Department of Revenue pursuant to Act 1998-192 shall provide a similar report to the transportation
department regarding the total amount of local motor fuel excise tax revenues collected by
the county or city for the immediately preceding fiscal year and the total amount of the revenues
expended on road and bridge maintenance and improvement during that same fiscal year. The
transportation department shall collect the information and deliver a report to the Joint
Transportation Committee on or before March 31 of each year. (b) The powers and duties of
the Joint Transportation Committee shall be as follows: (1) It shall review and shall consider
concurring with the long-range plan of the transportation department as such plan exists at
the date of the meeting called for the purpose of reviewing the...
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40-16-10
Section 40-16-10 Computation of net income of financial institutions. (a) In computing the
net income of financial institutions subject to the tax imposed by this chapter, there shall
be allowed, in addition to the deductions specified therein, a deduction for the sum of the
net operating losses which may be carried forward to the taxable year for which the net income
of the financial institution is being computed. (1) The term "net operating loss"
for the purposes of this chapter means the amount by which net income of the financial institution,
before the deduction allowed by this section, with respect to a taxable year is less than
zero. For purposes of this section, the financial institution's net income shall be determined
under this chapter applicable to the year in which the net operating loss arises. (2) A net
operating loss shall be carried forward to the earliest subsequent taxable year in which the
financial institution has net income greater than zero, determined without...
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40-17-174
Section 40-17-174 Wholesale oil license fee; import license fee; exemption. (a) Each person,
firm, corporation, or agency selling diesel fuel, other than transmix, across the rack at
a terminal within this state shall pay to the Department of Revenue for the use of the state,
within two weeks from the beginning of the fiscal year, a wholesale oil license fee equal
to three-fourths of one cent per gallon for each gallon of diesel fuel so sold during the
preceding fiscal year, including all diesel fuel whether manufactured or imported into the
state prior to the sale. Exempted from this fee shall be diesel fuel exported from this state
for which proof of export is available in the form of a terminal issued shipping document.
(b) Each importer of diesel fuel, other than transmix, into this state, other than by a bulk
transfer, for delivery to a destination in this state shall pay to the Department of Revenue
for the use of the state within two weeks from the beginning of the fiscal year,...
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16-6D-9
Section 16-6D-9 Tax credit claims; administrative accountability; verification of requirements;
rules and procedures. (a)(1) An individual taxpayer who files a state income tax return and
is not claimed as a dependent of another taxpayer, a taxpayer subject to the corporate income
tax levied by Chapter 18 of Title 40, an Alabama S corporation as defined in Section 40-18-160,
or a Subchapter K entity as defined in Section 40-18-1 may claim a credit for a contribution
made to a scholarship granting organization. If the credit is claimed by an Alabama S corporation
or Subchapter K entity, the credit shall pass through to and may be claimed by any taxpayer
eligible to claim a credit under this subdivision who is a shareholder, partner, or member
thereof, based on the taxpayer's pro rata or distributive share, respectively, of the credit.
(2) The tax credit may be claimed by an individual taxpayer or a married couple filing jointly
in an amount equal to 100 percent of the total...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-6D-9.htm - 24K - Match Info - Similar pages
40-18-176
Section 40-18-176 Nonresident shareholder composite returns. (a) The Department of Revenue
shall permit an Alabama S corporation to file composite returns and to make composite payments
on behalf of some or all of its nonresident shareholders if there are one or more nonresident
shareholders during any part of the taxable year. The Department of Revenue may permit composite
returns and payments to be made by an Alabama S corporation on behalf of its resident shareholders.
(b) For purposes of this section, a "composite return" means an informational return
similar in form to U.S. Treasury Department Schedule K-1 containing information concerning
one or more Alabama S corporation shareholder's respective shares of income, deductions and
losses passed through to them by virtue of their status as shareholders of an Alabama S corporation,
any credit to which the shareholder is entitled to claim by virtue of the Alabama S corporation's
payment of tax on his or her behalf pursuant to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-176.htm - 3K - Match Info - Similar pages
40-17-145
Section 40-17-145 Payment of tax. The tax hereby imposed shall be paid by each motor carrier
quarterly to the commissioner on or before the last day of April, July, October, and January
of each year and calculated upon the amount of motor fuel used in its operations within this
state by each such motor carrier during the quarter ending with the last day of the preceding
month. (Acts 1961, No. 674, p. 925, §6.)...
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45-24-242.11
Section 45-24-242.11 Report of shipments. An agent of any railroad company, bus or truck operator,
or other transportation company or agency operating in the county shall report to the commission
on the fifteenth day of January, April, July, and October of each year all shipments of gasoline
or motor fuel handled and delivered to any person in the county during the preceding three
months. The report shall give the names and address of the consignor or consignee shipping
and receiving the gasoline or motor fuel, and the number of gallons or pounds contained in
each and every shipment. (Act 94-712, p. 1382, §12.)...
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45-44-242.11
Section 45-44-242.11 Quarterly reports. An agent of any railroad company, bus or truck operator,
or other transportation company or agency operating in the county shall report to the county
commission on the fifteenth day of January, April, July, and October of each year all shipments
of gasoline or motor fuel handled and delivered to any person in the county during the preceding
three months. The report shall give the names and addresses of the consignor or consignee
shipping and receiving the gasoline or motor fuel and the number of gallons or pounds contained
in each and every shipment. (Act 2015-414, p. 1250, § 12; Act 2015-449, p. 1451, § 12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-242.11.htm - 973 bytes - Match Info - Similar pages
23-1-332
Section 23-1-332 Creation; revenue sources; allocation of revenue; use of funds; funds to be
matched; obligation limitations; role of department; unobligated funds. (a) There is created
within the state a program to be known as the Rural Access Program. (b) The following revenues
sources shall be allocated for use of the Rural Access Program. (1) Motor fuel taxes distributed
to the Department of Transportation and deposited in the Public Road and Bridge Fund under
the provisions of Sections 40-17-13 and 40-17-222, in excess of 105 percent of the base year
receipts, compounded annually. Fiscal year 1994-95 is the base year. Any motor fuel tax receipts
that exceed 105 percent of the base year receipts compounded annually shall be allocated to
the Rural Access Program for allocation to the 67 counties of the state. (2) Other funds including,
but not limited to, matching funds provided by counties. (c) Allocation of the revenue received
shall be as follows: (1) Other funds shall be...
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40-12-253
Section 40-12-253 Ad valorem taxation of motor vehicles. (a) Effective January 1, 2000, ad
valorem taxes on motor vehicles shall be assessed and the tax collected forward on a current
basis to coincide with the collection of motor vehicle license taxes and registration fees.
(1) Ad valorem taxes on motor vehicles shall become due and payable on the first day of the
registration renewal month of the owner, the date the motor vehicle enters the State of Alabama,
the date the motor vehicle is removed from the inventory of a dealer, or the date on which
the motor vehicle is otherwise determined to be taxable, whichever comes first. Ad valorem
taxes on motor vehicles shall become delinquent on the first day of the month following the
registration renewal month for the owner or as otherwise provided by law. (2) Ad valorem tax
on motor vehicles shall be collected through the last day of the month which precedes the
assigned registration renewal month for the owner as provided in Section...
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