LegalTips.ORG Directory Full Text About us
Alabama Code | California Code | Connecticut Code | Nebraska Code | Texas Code

Web LegalTips.org   Official Government Sites    State of Alabama    State of Alaska    State of Arizona    State of Arkansas    State of California    State of Colorado    State of Connecticut    State of Delaware    District-of-Columbia    State of Florida    State of Georgia    State of Hawaii    State of Idaho    State of Illinois    State of Indiana    State of Iowa    State of Kansas    State of Kentucky    State of Louisiana    State of Maine    State of Maryland    State of Massachusetts    State of Michigan    State of Minnesota    State of Mississippi    State of Missouri    State of Montana    State of Nebraska    State of Nevada    State of New-Hampshire    State of New-Jersey    State of New-Mexico    State of New York    State of North-Carolina    State of North-Dakota    State of Ohio    State of Oklahoma    State of Oregon    State of Pennsylvania    State of Rhode-Island    State of South-Carolina    State of South-Dakota    State of Tennessee    State of Texas    State of Utah    State of Vermont    State of Virginia    State of Washington    State of West-Virginia    State of Wisconsin    State of Wyoming

Article 1 General Provisions. Section 40-18-1 Definitions. Section 40-18-1.1 Operating rules. Section 40-18-2 Levied; persons and subjects taxable generally. Section 40-18-2.1 Income of foreign missionary exempt. Section 40-18-3 Income of officers or agents of the United States, etc. Section 40-18-4 Interest or other income received from obligations of the United States or its possessions, agencies or instrumentalities. Section 40-18-5 Tax on individuals. Section 40-18-6 Gain or loss - Basis of property; adjusted basis. Section 40-18-7 Gain or loss - Determination of amount. Section 40-18-8 Gain or loss - Recognition. Section 40-18-9 Gain or loss - Optional method for returning as income increases in redemption value of securities purchased at a discount. Section 40-18-11 Inventory. Section 40-18-12 Net income of individuals - Defined. Section 40-18-13 Computation of income. Section 40-18-14 Adjusted gross income of individuals. Section 40-18-14.1 Deferred compensation plans. Section 40-18-14.2 Adjusted gross income. Section 40-18-14.3 Gross income - Discount and interest. Section 40-18-15 Deductions for individuals generally. Section 40-18-15.1 Net income taxable income defined - Generally. Section 40-18-15.2 Net operating loss. Section 40-18-16 Depreciation. Section 40-18-17 Items not deductible. Section 40-18-18 Amortization of war or emergency facilities. Section 40-18-19 Exemptions - Generally. Section 40-18-19.1 Exemptions for severance, unemployment compensation, etc. Section 40-18-20 Exemptions - Military retirement benefits. Section 40-18-21 Credits for taxes paid on income from sources without the state and for job development fees. Section 40-18-22 Taxpayers engaged in multistate business - Allocation and apportionment of deductions and exemptions. Section 40-18-23 Taxpayers engaged in multistate business - Option of certain taxpayers to report and pay tax on basis of percentage of volume. Section 40-18-24 Taxation of subchapter K entity. Section 40-18-24.1 Composite return and payment by nonresident owner of subchapter K entity. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION HAS NOT BEEN CODIFIED BY THE LEGISLATURE. Section 40-18-25 Estates and trusts. Section 40-18-26 Information from source of income. Section 40-18-27 Individual taxpayer's returns; liability of innocent spouse. Section 40-18-28 Returns of subchapter K entities and single member limited liability companies. Section 40-18-29 Fiduciary returns. Section 40-18-30 Return when accounting period changes. Section 40-18-31 Corporate income tax - Generally. Section 40-18-31.1 Election for foreign corporations to classify dividend income from certain subsidiaries as business or nonbusiness income. Section 40-18-32 Corporate income tax - Exemptions. Section 40-18-33 Corporate income tax - Taxable income. Section 40-18-34 Additions required by corporations. Section 40-18-35 Deductions allowed to corporations. Section 40-18-35.1 Carry forward of net operating losses. Section 40-18-36 Distributions by corporations. Section 40-18-37 Items not deductible by corporations. Section 40-18-38 Additional deductions allowed for corporations; credits. Section 40-18-39 Corporate returns. Section 40-18-40 Tax to be reported on forms; department may assess additional tax penalty or interest. Section 40-18-41 Amortization of ad valorem tax. Section 40-18-42 Time and methods of payment of tax. Section 40-18-44 Installment method. Section 40-18-50 Penalty for failure to make return within time specified. Section 40-18-51 Applicability of lien provisions; disposition of collections; collection prior to delinquency. Section 40-18-53 Inspection of returns by federal or foreign state agents. Section 40-18-54 Supervision of assessment and collection. Section 40-18-55 Statement to be furnished by taxpayer. Section 40-18-56 Furnishing sworn statement of annual return of income to department; penalties for failure to comply; limitations on inspection of taxpayer's records. Section 40-18-57 Rules to be promulgated by Department of Revenue. Section 40-18-58 Appropriation. Section 40-18-59 Additional appropriations. Article 2 Withholding Tax; Optional Short Form Tax; Declaration of Estimated Tax. Division 1 General Provisions. Section 40-18-70 Definitions. Section 40-18-71 Withholding tax. Section 40-18-72 Included and excluded wages. Section 40-18-73 Withholding certificates. Section 40-18-74 Payment of amounts withheld. Section 40-18-75 Statement to be furnished employee. Section 40-18-76 Liability for tax withheld. Section 40-18-77 Refund to employer. Section 40-18-78 Credit for tax withheld. Section 40-18-79 Overpayment of tax; credit or refund available. Section 40-18-80 Penalty where certain percent of tax exceeds estimated tax for individuals. Section 40-18-80.1 Addition to tax on corporations. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION HAS NOT BEEN CODIFIED BY THE LEGISLATURE. Section 40-18-81 Optional short form tax. Section 40-18-82 Estimated tax. Section 40-18-83 Payment of estimated tax. Section 40-18-83.1 Declaration and payment of estimated tax by corporations. Section 40-18-84 Adjusted gross income. Section 40-18-85 Estates and fiduciaries. Division 2 Wage Winnings Withholding Tax. Section 40-18-90 Definitions. Section 40-18-91 Wager proceeds; withholding of state income tax. Article 3 Setoff Debt Collection. Section 40-18-100 Definitions. Section 40-18-101 Remedy additional. Section 40-18-102 Collection of debts by setoff. Section 40-18-103 Procedure for setoff and notification of taxpayer. Section 40-18-104 Hearing procedure. Section 40-18-105 Finalization and notice of setoff. Section 40-18-106 Priority. Section 40-18-107 Commissioner may provide claimant agency information; confidentiality of information. Section 40-18-108 Effect of setoff on refund. Section 40-18-109 Issuance by State Treasurer of separate warrants. Article 4 Solar Energy Tax Credits. Section 40-18-120 Active solar energy tax credits. Section 40-18-121 Passive solar energy tax credits. Article 4A Rural Physician Tax Credit. Section 40-18-130 Legislative intent. Section 40-18-131 Definitions. Section 40-18-132 Physicians qualifying for credit; time limit; promulgation of rules. Article 4B Credits Against State Income Tax Liability. Section 40-18-135 Definitions. Section 40-18-136 Credit to employer. Section 40-18-137 Credit limited to income tax liability. Section 40-18-138 Rules regarding procedures for approving education programs. Section 40-18-139 Reimbursement to employer. Article 5 Voluntary Check-off Designations on State Income Tax Returns. Section 40-18-140 Arts Development Fund - Contribution designation. Section 40-18-141 Arts Development Fund - Established; appropriation; distribution of funds. Section 40-18-142 Alabama Nongame Wildlife Program - Legislative declarations and intent. Section 40-18-143 Alabama Nongame Wildlife Program - Contribution designation form. Section 40-18-144 Alabama Nongame Wildlife Program - Appropriation. Section 40-18-145 Alabama Nongame Wildlife Program - Implementation; no rights of Department of Conservation and Natural Resources. Section 40-18-146 Political party defined; designated contribution by taxpayers filing state income tax return; disposition of contributions. Section 40-18-147 Alabama Aging Program. Section 40-18-148 Alabama Veterans' Home Program; legislative intent; designation form; appropriation. Section 40-18-149 Alabama Indian Affairs Commission - Contribution designation. Section 40-18-150 Foster Care Trust Fund - Contribution designation. Section 40-18-151 Alliance for the Mentally Ill of Alabama and Mental Health Consumers of Alabama - Contribution designation. Section 40-18-152 Alabama Breast and Cervical Cancer Research - Program Contribution designation. Section 40-18-153 Alabama 4-H Club Foundation, Incorporated. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION HAS NOT BEEN CODIFIED BY THE LEGISLATURE. Article 6 Alabama S Corporations. Section 40-18-160 General provisions. Section 40-18-161 Determination of taxable income. Section 40-18-162 Determination of tax of shareholder. Section 40-18-163 Adjustments for services rendered or capital furnished by spouse, etc., of shareholder or beneficiary. Section 40-18-164 Increase or decrease in basis of shareholder's stock; special rules. Section 40-18-165 Distribution of property generally. Section 40-18-166 "Accumulated adjustments account" defined; application generally; "S period" defined; applicability of subdivision (c)(1) of Section 40-18-165 to certain distributions; "affected shareholder" defined. Section 40-18-167 Applicability of chapter. Section 40-18-168 "Carryforward" and "carryback" provisions. Section 40-18-169 Adjustments to earnings and profits. Section 40-18-170 Circumstances under which corporation treated as partnership; "two-percent shareholder" defined. Section 40-18-171 Determination of shareholder's pro rata share; "affected shareholders" defined. Section 40-18-172 "Post-termination transition period" and "determination" defined. Section 40-18-173 Interpretation of article generally. Section 40-18-174 Tax imposed on certain built-in gains. Section 40-18-175 Tax imposed when passive investment income of corporation having subchapter C earnings and profits exceeds 25 percent of gross receipts. Section 40-18-176 Nonresident shareholder composite returns. Article 7 Tax Credits for Projects of New Businesses and Business Expansions. Section 40-18-190 Definitions. Section 40-18-191 Filing with department written statement of intent to claim credit. Section 40-18-192 Effect of compliance with requirements; agreements specifying method by which income generated and allocation of credit. Section 40-18-193 Qualifications for capital credits. Section 40-18-194 Entities allowed capital credit. Section 40-18-195 Capital credit not to exceed capital costs of project. Section 40-18-196 Department to report annually. Section 40-18-197 Department to adopt regulations and to audit companies. Section 40-18-198 Officer to file affidavit with department. Section 40-18-199 State Industrial Development Authority not to grant credits except for certain entities. Section 40-18-200 Entities approved by State Industrial Development Authority prior to January 16, 1995, may elect to receive credit under article. Section 40-18-201 Companies to maintain records; regulations concerning determination of income. Section 40-18-202 Availability of capital credits for new projects after December 31, 1998. Section 40-18-203 Provisions to govern administration of article. Article 8 Coal Production Tax Credit. Section 40-18-220 Credit for corporations producing coal mined in Alabama. Section 40-18-221 Department to promulgate and issue rules and regulations. Article 9 Section 40-18-240 Definitions. Section 40-18-241 Written statement of intent to claim credit. Section 40-18-242 Written agreements with department. Section 40-18-243 Availability of credit on pass-through basis. Section 40-18-244 Credits not to exceed costs. Section 40-18-245 Report to Legislature. Section 40-18-246 Regulations; periodic audits. Section 40-18-247 Affidavit of compliance. Section 40-18-248 Maintenance of records; promulgation of regulations. Section 40-18-249 Availability of credit after December 31, 2005. Section 40-18-250 Administration of article.

Alabama Code | California Code | Connecticut Code | Nebraska Code | Texas Code

© 2007 All Rights Reserved. LegalTips.ORG.