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40-18-154
Section 40-18-154 Alabama Military Support Foundation, Inc. - Contribution designation. (a)
Each Alabama state individual income tax return form for the 2009 tax year and each year thereafter
shall contain a designation as follows: "Alabama Military Support Foundation, Incorporated.
"Check ( ) if you wish to designate $1, $5, $10, or more of your state income tax refund.
"If joint return, check ( ) if spouse wishes to designate $1, $5, $10 or more."
(b) Each individual taxpayer required to file a state income tax return desiring to contribute
to the Alabama Military Support Foundation, Incorporated, may designate, by placing an "X"
in the appropriate box on the state income tax form, that such contribution shall be credited
to the foundation. (c) The Department of Revenue shall determine annually the total amount
designated pursuant to subsection (b) for the commission and shall deposit such amount, less
costs of administration not to exceed 10 percent of revenue produced, to the...
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40-18-40
Section 40-18-40 Tax to be reported on forms; department may assess additional tax penalty
or interest. The income tax provided in this chapter shall be reported on forms as prescribed
by the department. The failure to receive such form from the department shall not relieve
a taxpayer from liability for any tax penalty or interest otherwise due. The tax due as reported
on such return shall constitute a prima facie liability for that amount. The department may
compute and assess additional tax penalty or interest against a taxpayer in accordance with
the procedures set forth in Chapter 2A of this title. (Acts 1935, No. 194, p. 256; Code 1940,
T. 51, §407; Acts 1992, No. 92-186, p. 349, §53.)...
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40-18-6.1
Section 40-18-6.1 Gain or loss - Special rules for capital gains invested in opportunity zones.
(a) The provisions in 26 U.S.C. § 1400Z-2 shall be applicable to an investment in an approved
opportunity fund in calculating both of the following: (1) The income tax levied by this chapter,
or the estimated income tax payment. (2) The financial institution excise tax found in Chapter
16. (b) Any approved opportunity fund may enter into a project agreement with ADECA to provide
to the fund's investors impact investment tax credits against any tax liability described
in subdivisions (1) and (2) of subsection (a). The impact investment tax credits shall be
allocated annually, but only to the extent that one or more projects undertaken by the fund
are not producing the returns provided in the project agreement. Provided however, the calculation
of the impact investment tax credit does not guarantee a rate of return that is more than
the 52-week average yield rate for the United States 10-year...
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40-14A-26
Section 40-14A-26 Remittance and disposition of tax. The tax levied by this article shall be
due at the same time the return is due. Remittance of the tax levied by this article shall
be made to the department at Montgomery, Alabama, for deposit to the State Treasurer of Alabama.
In addition to all other appropriations heretofore or hereinafter made, there is hereby appropriated
to the department for the fiscal year ending September 30, 2000, such amount as is reasonably
required to offset its conversion costs as a first charge against the revenues from the tax
levied by this article. The department and the Secretary of State shall each promulgate a
regulation listing those persons who are authorized to execute the privilege tax return and
the extension request, and the annual report, respectively, which shall permit the taxpayer's
return preparer to execute any of those forms on behalf of the taxpayer. For all subsequent
years, there shall be appropriated to the department as a first...
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40-18-109
Section 40-18-109 Issuance by State Treasurer of separate warrants. In those cases where the
amount claimed to be due and owing by the claimant agency is less than the refund due the
taxpayer the State Treasurer is authorized upon the request of the department to issue two
warrants, one payable to the claimant agency for the amount claimed to be due and owing and
one to the taxpayer for the amount of the refund in excess of the amount claimed to be due
and owing by the claimant agency. (Acts 1981, No. 81-696, p. 1168, §1.)...
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41-9-219.3
Section 41-9-219.3 Application for designation as a qualified equity investment. (a) A qualified
community development entity that seeks to have an equity investment or long-term debt security
designated as a qualified equity investment and eligible for tax credits under this article
shall apply to the department. The qualified community development entity shall submit an
application on a form that the department provides that includes all of the following: (1)
The name, address, tax identification number of the entity, and evidence of the entity's certification
as a qualified community development entity. (2) A copy of any allocation agreement executed
by the entity, or its controlling entity, and the Community Development Financial Institutions
Fund. (3) A certificate executed by an executive officer of the entity attesting that the
allocation agreement remains in effect and has not been revoked or cancelled by the Community
Development Financial Institutions Fund. (4) A description...
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45-22-242.08
Section 45-22-242.08 Failure to add tax to service price. It shall be unlawful for any person,
firm, or corporation engaged in or continuing within Cullman County in any business for which
a license or privilege tax is required by this part to fail or refuse to add to the price
of the service rendered the amount due by the taxpayer on account of the tax levied by this
part. Nor shall any person refund or offer to refund all or any part of the amount collected
as tax under this part or to absorb such tax or to advertise directly or indirectly the absorption
or refund of such tax or any portion of the same. (Acts 1973, No. 161, p. 202, §9.)...
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45-8-241.28
Section 45-8-241.28 Failure to include tax; absorption or refund of tax. It shall be unlawful
for any person, firm, or corporation engaged in or continuing within Calhoun County in any
business for which a license or privilege tax is required by this subpart to fail or refuse
to add to the price of the service rendered the amount due by the taxpayer on account of the
tax levied by this subpart. Nor shall any person refund or offer to refund all or any part
of the amount collected as tax under this subpart or to absorb such tax or to advertise directly
or indirectly the absorption or refund of such tax or any portion of the same. (Acts 1978,
No. 73, p. 1759, §9.)...
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24-11-9
Section 24-11-9 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE MARCH 28, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Department of Revenue;
Forms. The Department of Revenue shall adopt forms for the following: (1) The designation
of an account with a financial institution to serve as a first-time and second chance home
buyer savings account. (2) An account holder to annually submit to the Department of Revenue
detailed information regarding the first-time and second chance home buyer savings account,
including, but not limited to, a list of transactions for the account during the tax year
and identifying any supporting documentation required to be maintained by the account holder.
(Act 2018-467, §9.)...
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40-14A-33
Section 40-14A-33 (Repealed for taxable years beginning on or after January 1, 2002.) Definition
of initial taxable shares base. (a) Determine the sum of the following as of the first day
of the corporation's taxable year: (1) The outstanding capital stock and any additional paid-in
capital, but without reduction for treasury stock; and (2) Retained earnings, but not less
than zero, which shall include any amounts designated for the payment of dividends until the
amounts are definitely and irrevocably placed to the credit of stockholders subject to withdrawal
on demand. (b) From the amount determined under subsection (a), deduct: (1) The book value
of goods, wares, and merchandise held for sale; (2) The book value of the investment by the
taxpayer in the equity of other corporations doing business in Alabama. This subdivision shall
not apply if the taxpayer is a dealer in securities subject to 26 U.S.C. §1236. (3) Federal
obligations. a. For a taxpayer who does not hold federal...
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