A limited liability partnership and a foreign limited liability partnership shall be taxed as a partnership in accordance with Section 40-18-24, as amended from time to time, will file partnership returns as required by Section 40-18-28, as amended from time to time, and shall for all other tax purposes be taxed as a partnership, all being subject to the limited liability partnership and a foreign limited liability partnership maintaining its status as a partnership under federal income tax law.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 8A - Alabama Partnership Law
Article 11 - Transition Rules and Miscellaneous Provisions.
Section 10A-8A-11.01 - Application to Existing Relationships.
Section 10A-8A-11.02 - Severability Clause.
Section 10A-8A-11.03 - Relation to Electronic Signatures in Global and National Commerce Act.
Section 10A-8A-11.04 - Effective Date.
Section 10A-8A-11.05 - Repeals.
Section 10A-8A-11.06 - Savings Clause.
Section 10A-8A-11.07 - Composite Returns.
Section 10A-8A-11.08 - Taxation of Limited Liability Partnership.