The payment of the shares tax levied by this article shall not exempt any taxpayer from the payment of any regular license or privilege tax required by law for the engaging in or carrying on any business for which a license or privilege tax is required of individuals, firms, or corporations.
Structure Code of Alabama
Title 40 - Revenue and Taxation.
Chapter 14A - Alabama Business Privilege and Corporation Shares Tax of 1999.
Section 40-14A-31 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Levy of Tax.
Section 40-14A-32 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Exemptions.