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40-18-34
Section 40-18-34 Additions required by corporations. The following items shall be added
to federal taxable income for purposes of computing taxable income under this chapter: (a)
State and local income taxes that are deductible in computing federal taxable income. (b)
Interest on obligations of state or local governments other than Alabama that is excludable
from gross income for federal income tax purposes. (c) Refunds of federal income taxes deducted.
(d) Dividends received from a corporation in which the taxpayer owns less than 20% of the
stock (by vote and value), but only to the extent such dividends are properly deducted in
computing taxable income for federal income tax purposes. (Acts 1935, No. 194, p. 256; Code
1940, T. 51, §401; Acts 1975, No. 1195, p. 2348, §1; Acts 1985, No. 85-515, §15; Act 98-502,
p. 1083, §1; Act 99-664, 2nd Sp. Sess., p. 124, §1; Act 2000-702, p. 1425, §1.)...
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45-36-232.23
Section 45-36-232.23 Income; Jackson County Work Release and Pretrial Release Fund.
For the purposes of this subpart, the term net income shall be defined as total salaries,
wages, and other compensation received by a person committed to a jail in Jackson County for
work performed while such person is released pursuant to this subpart, less all sums withheld
for federal income tax, state income tax, taxes paid by any employee under the so-called Federal
Insurance Contributions Act, group insurance, and union dues. Any person released from jail
pursuant to this subpart shall pay to the county a sum equal to 20 percent of his or her net
earnings earned while so released; provided, however, that no person so released shall be
required to pay more than one hundred dollars ($100) to the court in any one calendar month
under this subpart. The court having jurisdiction of the case, as a condition to releasing
a prisoner pursuant to this subpart, may require that the prisoner establish a...
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40-18-26
Section 40-18-26 Information from source of income. Every resident individual, corporation,
association, or agent shall make a report to the Department of Revenue of complete information
covering the amount of all interest, rent, salaries, wages, premiums, annuities, compensations,
remunerations, emoluments, or other fixed or determinable gains, profits and income, except
interest coupons payable to bearer, of any taxpayer taxable under this chapter, of $1,500
or more in any taxable year under such regulations and in such form and manner and to such
extent as may be prescribed by the Department of Revenue. (Acts 1935, No. 194, p. 256; Code
1940, T. 51, §393.)...
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40-18-2
Section 40-18-2 Levied; persons and subjects taxable generally. (a) In addition to all
other taxes now imposed by law, there is hereby levied and imposed a tax on the taxable income,
as defined in this chapter, which tax shall be assessed, collected, and paid annually at the
rate specified herein and for each taxable year as hereinafter provided. Persons and subjects
taxable under this chapter are: (1) Every individual residing in Alabama. (2) Every corporation
domiciled in Alabama or licensed or qualified to transact business in Alabama. (3) Every corporation
doing business in Alabama or deriving income from sources within Alabama, including income
from property located in Alabama. (4) Every nonresident estate or nonresident trust receiving
income from property owned or business transacted in Alabama. (5) Every resident estate and
resident trust. (6) Every nonresident individual receiving income from property owned or business
transacted in Alabama. (b) Every natural person domiciled...
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40-21-53
Section 40-21-53 Electric, hydroelectric, gas, or any other public utility - License
tax - Credit on electric bills for certain persons. (a) Each person, firm, or corporation,
including any corporations operating an electric or hydroelectric public utility; or a gas
public utility; or any privately owned and operated wastewater system as defined in Section
22-25B-1 which is required by Chapter 25B of Title 22, to be operated and maintained by a
wastewater management entity certified by the Public Service Commission; or any other public
or municipal utility now paying the two and two-tenths percent shall be subject to the provisions
of this section and shall pay to the state a license tax equal to two and two-tenths
percent on each $1 of gross receipts of such public utility for the preceding year; except,
that gross receipts from the sale of electricity for resale by such electric or hydroelectric
public utilities and gross receipts from the sale of electricity to the persons...
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40-12-248
Section 40-12-248 License taxes and registration fees - Trucks or truck tractors - Generally.
(a) For each truck or truck tractor using the public highways of this state, annual license
taxes and registration fees based on the gross vehicle weight in pounds are imposed and shall
be charged. For the purposes of this section, the term "gross vehicle weight"
shall mean the empty weight of the truck or truck tractor plus the heaviest load to be carried
and, in the case of combinations, shall be deemed to include also the empty weight of the
heaviest trailer with which the power unit shall be placed in combination, plus the heaviest
load to be carried. No tolerance or margin of error shall be allowable under this section,
except as provided in subsection (b). (b) For each truck or truck tractor using the public
highways of this state, the annual license taxes and registration fees herein imposed (i)
shall consist of the base amount applicable to the truck or truck tractor under the schedule...
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40-14A-1
Section 40-14A-1 Definitions. For purposes of this chapter, the following terms shall
mean: (a) ALABAMA S CORPORATION. An S corporation defined under Section 40-18-160.
(b) C CORPORATION. A corporation other than an Alabama S corporation. (c) CODE. The Internal
Revenue Code of 1986, as amended from time to time. (d) CORPORATION. An entity, including
a limited liability company electing to be taxed as a corporation for federal income tax purposes,
through which business can be conducted while offering limited liability to the owners of
the entity with respect to some or all of the obligations of the entity, other than a limited
liability entity or a disregarded entity. The term "corporation" shall include but
not be limited to the following: Corporations, professional corporations, joint stock companies,
unincorporated professional associations, real estate investment trusts, limited liability
companies electing to be taxed as corporations for federal income tax purposes, and all...
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40-14A-35
Section 40-14A-35 (Repealed for taxable years beginning on or after January 1, 2002.)
Filing of returns. (a) Every corporation organized, incorporated, qualified, or registered
under Alabama law or doing business in Alabama as of the first day of a calendar year shall
file a return with the department. The return is due not later than March 15 of each year
or, in the case of a taxpayer not in existence, not qualifying to do business, or not doing
business in Alabama on January 1 of the taxable year, two and one-half months after the taxpayer
either comes into existence, qualifies or registers to do business, or commences doing business
in Alabama. In cases where receivers, trustees in bankruptcy, or assignees are operating the
property or business of taxpayers, those receivers, trustees, or assignees shall file returns
for the taxpayers in the same manner and form as the taxpayers are required to file returns.
Any tax due on the basis of returns filed by receivers, trustees, or...
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40-18-13
Section 40-18-13 Computation of income. (a) Income shall be computed on the basis of
the same taxable year and in accordance with the same method of accounting that the taxpayer
properly employs for federal income tax purposes. If no such method of accounting has been
employed or if the method so employed does not clearly reflect income, computation shall be
made upon such basis and in such manner as in the opinion of the Department of Revenue, and
consistent with federal income tax treatment, does clearly reflect income. If the taxpayer
has no annual accounting period or does not keep proper books of account, the income shall
be computed on the basis of the calendar year. (b) In the case of a partnership, Alabama S
corporation, or personal service corporation electing a taxable year under 26 U.S.C. §444,
this section shall be applied without regard to the requirement to make payments under
26 U.S.C. §7519. (Acts 1935, No. 194. p. 256; Code 1940, T. 51, §383; Acts 1990, No. 90-583,...
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40-18-30
Section 40-18-30 Return when accounting period changes. (a) Taxpayer filing separate
returns. If a taxpayer, with the approval of the Department of Revenue, changes the basis
of computing taxable income from the fiscal year to the calendar year, a separate return shall
be filed for the period between the close of the last fiscal year for which return shall be
made and the following December 31. If the change is made from the calendar year to the fiscal
year, a separate return shall be filed for the period between the close of the last calendar
year for which return was filed and the date designated as the close of the last fiscal year.
If the change is made from one fiscal year to another fiscal year, a separate return shall
be filed for the period between the close of the former fiscal year and the date designated
as the close of the new fiscal year. If a taxpayer filing the taxpayer's first return for
income tax keeps accounts on the basis of a fiscal year, the taxpayer shall file a...
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