Any person, firm, or corporation taxable under this subpart having a cash and credit business may report such cash business, and the taxpayer shall thereafter include in each monthly report all credit collections made during the month preceding and shall pay the taxes due thereon at the time of filing such report, but in no event shall the gross proceeds of such credit business be included in the measure of the tax to be paid until collections of such credit business shall have been made.
Structure Code of Alabama
Section 45-8-241.20 - Levy of Tax; Exemptions or Exclusions.
Section 45-8-241.21 - Payment and Collection of Taxes.
Section 45-8-241.22 - Tax Due Dates; Gross Proceeds Statements.
Section 45-8-241.23 - Monthly Reports of Cash and Credit Businesses.
Section 45-8-241.24 - Tax Returns, Forms, and Remittances.
Section 45-8-241.25 - Records, Books, and Accounts.
Section 45-8-241.26 - Oaths; Perjury.
Section 45-8-241.27 - Inspection of Reports or Returns.
Section 45-8-241.28 - Failure to Include Tax; Absorption or Refund of Tax.
Section 45-8-241.29 - Enforcement of Collection of Taxes; Civil Suits; Special Counsel.
Section 45-8-241.30 - Application of Law and Statutes.
Section 45-8-241.31 - Charges for Collection of Taxes; Tourism and Convention Promotion.