|
19-3D-19
Section 19-3D-19 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. TAX-RELATED LIMITATIONS.
(a) In this section the following terms have the following meanings: (1) GRANTOR TRUST. A
trust as to which a settlor of a first trust is considered the owner under 26 U.S.C. Sections
671 through 677, as amended, or 26 U.S.C. Section 679, as amended. (2) INTERNAL REVENUE CODE.
The United States Internal Revenue Code of 1986, as amended. (3) NONGRANTOR TRUST. A trust
that is not a grantor trust. (4) QUALIFIED BENEFITS PROPERTY. Property subject to the minimum
distribution requirements of 26 U.S.C. Section 401(a)(9), as amended, and any applicable regulations,
or to any similar requirements that refer to 26 U.S.C. Section 401(a)(9) or the regulations.
(b) An exercise of the decanting power is subject to the following limitations: (1) If a first
trust contains property that qualified, or would have...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3D-19.htm - 8K - Match Info - Similar pages
27-2-24
hold the content of the examination report as private and confidential information for a period
of 20 days except to the extent provided in subsection (b). Thereafter, the commissioner may
open the report for public inspection unless a court of competent jurisdiction has stayed
its publication; however, the commissioner may withhold from public inspection any examination
or investigation report for so long as the commissioner deems necessary to protect the person
examined from unwarranted injury or to be in the public interest. (2) Nothing contained
in this section shall prevent or be construed as prohibiting the commissioner from disclosing
the content of an examination report, preliminary examination report or results, or any matter
relating thereto, to the insurance department of any other state or country, or to law enforcement
officials of this or any other state or agency of the federal government at any time, so long
as the agency or office receiving the report or matters...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-24.htm - 8K - Match Info - Similar pages
27-27-29
domestic insurer shall have, and maintain, its principal place of business and home office
in this state and shall keep in this state complete records of its assets, transactions, and
affairs in accordance with such methods and systems as are customary or suitable as to the
kind, or kinds, of insurance transacted. (b) Every domestic insurer shall have, and maintain,
its assets in this state, or in a financial institution conducting business in this state
except as to: (1) Real property and personal property appurtenant to the real property
lawfully owned by the insurer and located outside this state. (2) The property of the insurer
as may be customary, necessary, and convenient to enable and facilitate the operation of its
branch offices and regional home offices located outside this state as referred to in subsection
(d). (3) Having, depositing, or transmitting funds and assets of the insurer in, or to, a
jurisdiction outside of this state as required by the law of the jurisdiction...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-29.htm - 5K - Match Info - Similar pages
27-36A-4
Section 27-36A-4 Actuarial opinion of reserves. (a) Actuarial opinion prior to the operative
date of the valuation manual as defined by Section 27-36A-15. (1) GENERAL. Every life insurance
company doing business in this state shall annually submit the opinion of a qualified actuary
as to whether the reserves and related actuarial items held in support of the policies and
contracts specified by the commissioner by regulation are computed appropriately, are based
on assumptions which satisfy contractual provisions, are consistent with prior reported amounts,
and comply with applicable laws of this state. The commissioner, by regulation, shall define
the specifics of this opinion and add any other items deemed to be necessary to its scope.
(2) ACTUARIAL ANALYSIS OF RESERVES AND ASSETS SUPPORTING RESERVES. a. Every life insurance
company, except as exempted pursuant to regulation, shall also annually include in the opinion
required by subdivision (1) an opinion of the same qualified...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-36A-4.htm - 12K - Match Info - Similar pages
28-3A-6
28-3-190; as an agent for the county or municipality for collection and payment of the tax
levied by Section 28-7-18; and as an agent for the state for collection and payment of the
tax levied by Sections 28-3-200 to 28-3-205, inclusive. (2) The manufacturer licensee shall
keep and maintain all records required to be kept and maintained by manufacturer, wholesaler,
and retailer licensees for the tax so levied except that manufacturers are not required to
maintain name, address, or other personal demographic information for sales as provided
in subsection (e). (j) A manufacturer licensee engaged in the manufacture of beer in the state
may donate and deliver up to 31 gallons of the manufacturer's beer to a licensed nonprofit
special event operated by or on behalf of a nonprofit organization. Donations shall be taxed
in accordance with state and federal laws and regulations. Any beer remaining at the conclusion
of the nonprofit event shall be returned to the manufacturer for disposal....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3A-6.htm - 10K - Match Info - Similar pages
32-6-150
registration and licensing of motor vehicles and payment of the regular license fee for tags
or plates as provided by law for private passenger, pleasure motor vehicles, motorcycles,
or motor-driven cycles and the payment of an additional annual fee of fifty dollars ($50),
shall be issued personalized license tags or plates upon which, in lieu of the numbers prescribed
by law, shall be inscribed special letters, figures, numbers, or other marks, emblems, symbols,
or badges of distinction or personal prestige or a combination of these as are approved
for and assigned to the application by the Department of Revenue. (b) Except for license tags
or plates for motorcycles or motor-driven cycles, the special marks or badges of distinction
shall include distinctive tags, assigned by the Department of Revenue for each of those public
two-year and four-year colleges and universities and private four-year colleges or universities
and Athens State University participating in the distinctive tag...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-150.htm - 3K - Match Info - Similar pages
40-18-39
Section 40-18-39 Corporate returns. (a) Except as provided in subsection (c), every corporation,
joint stock company, or association subject to income tax under this chapter shall file a
return with the Department of Revenue for each taxable year, stating specifically the items
of its gross income and the deductions and credits allowed by this chapter. In cases where
receivers, trustees in bankruptcy, or assignees are operating the property or business of
corporations, such receivers, trustees, or assignees shall file returns for such corporations
in the same manner and form as corporations are required to file returns. Any tax due on the
basis of such returns filed by receivers, trustees, or assignees shall be collected in the
same manner as if collected from the corporations of whose business or property they have
custody and control. Returns shall be filed by the same date as the corresponding federal
income tax returns are required to be filed as provided under federal law. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-39.htm - 15K - Match Info - Similar pages
45-1-245.02
Section 45-1-245.02 Monthly report; recordkeeping; penalties. (a) The tax levied by this part,
except as otherwise provided, shall be due and payable to the Department of Revenue on or
before the 20th day of the month next succeeding the month in which the tax accrues. On or
before the 20th day of each month, every person on whom the tax is levied by this part shall
render to the Department of Revenue on a form prescribed by the department, a true and correct
statement showing the gross proceeds of the business subject to the tax for the then preceding
month, together with other information as the department requires. At the time of making the
monthly report, the taxpayer shall compute and pay to the department the amount of tax shown
due. A person subject to the tax who conducts business on a credit basis may defer reporting
and paying the tax until after the person has received payment of the items, articles, or
accommodations furnished. In the event the taxpayer defers reporting and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-1-245.02.htm - 2K - Match Info - Similar pages
45-10-243.02
Section 45-10-243.02 Monthly report; payment of tax; records; penalties. (a) The tax levied
by this part, except as otherwise provided, shall be due and payable to the Department of
Revenue on or before the 20th day of the month next succeeding the month in which the tax
accrues. On or before the 20th day of each month, every person on whom the tax is levied by
this part shall render to the Department of Revenue on a form prescribed by the department,
a true and correct statement showing the gross proceeds of the business subject to the tax
for the then preceding month, together with other information as the department requires.
At the time of making the monthly report, the taxpayer shall compute and pay to the department
the amount of tax shown due. A person subject to the tax who conducts business on a credit
basis may defer reporting and paying the tax until after the person has received payment of
the items, articles, or accommodations furnished. In the event the taxpayer defers...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-10-243.02.htm - 2K - Match Info - Similar pages
45-15-241.02
Section 45-15-241.02 Monthly report; payment of tax; records; penalties. (a) The tax levied
by this part, except as otherwise provided, shall be due and payable to the Department of
Revenue on or before the 20th day of the month next succeeding the month in which the tax
accrues. On or before the 20th day of each month, every person on whom the tax is levied by
this part shall render to the Department of Revenue on a form prescribed by the department,
a true and correct statement showing the gross proceeds of the business subject to the tax
for the then preceding month, together with other information as the department requires.
At the time of making the monthly report, the taxpayer shall compute and pay to the designated
collection agent the amount of tax shown due. A person subject to the tax who conducts business
on a credit basis may defer reporting and paying the tax until after the person has received
payment of the items, articles, or accommodations furnished. In the event the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-15-241.02.htm - 2K - Match Info - Similar pages
|