A member may deduct as a business expense for state income tax purposes any assessment levied under Section 25-5-254 in the year such assessments are paid.
Structure Code of Alabama
Title 25 - Industrial Relations and Labor.
Chapter 5 - Workers' Compensation.
Article 9 - Alabama Workmen's Compensation Self-Insurers Guaranty Association.
Section 25-5-250 - Creation; Purpose; Powers.
Section 25-5-251 - Membership Requirements.
Section 25-5-254 - Annual Assessments for Administration of Association.
Section 25-5-255 - Insolvency Fund.
Section 25-5-256 - Association Subject to Examination and Regulation by Department of Labor.
Section 25-5-257 - Assessments Deductible as Business Expenses.