Code of Alabama
Article 7 - Tax Credits for Projects of New Businesses and Business Expansions.
Section 40-18-194 - Entities Allowed Capital Credit.

REPEALED IN THE 2015 REGULAR SESSION BY ACT 2015-27 EFFECTIVE JULY 2, 2015.

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Structure Code of Alabama

Code of Alabama

Title 40 - Revenue and Taxation.

Chapter 18 - Income Taxes.

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 40-18-193.1 - Applicability to Gaming Facilities.

Section 40-18-194 - Entities Allowed Capital Credit.

Section 40-18-195 - Capital Credit Not to Exceed Capital Costs of Project.

Section 40-18-195.1 - Capital Credits and Abatements Under 2007 North American Classification System Industry Group 2121.

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 40-18-202.1 - Availability of Capital Credits After December 31, 2018.

Section 40-18-203 - Provisions to Govern Administration of Article.