Code of Alabama
Title 40 - Revenue and Taxation.
Chapter 14A - Alabama Business Privilege and Corporation Shares Tax of 1999.

Article 1 - General Provisions.

Section 40-14A-1 - Definitions. - For purposes of this chapter, the following terms shall mean:...

Section 40-14A-2 - Operating Rules. - (a) The taxpayer's net worth shall be determined for purposes...

Article 2 - Privilege Tax.

Section 40-14A-21 - Short Title. - This article shall be known and may be cited as...

Section 40-14A-22 - Levy and Amount of Tax. - THIS SECTION WAS AMENDED BY ACT 2022-252 IN THE 2022...

Section 40-14A-23 - Definition of Net Worth. - (a) Net worth of corporation. The net worth of a...

Section 40-14A-24 - Net Worth in Alabama. - (a) A taxpayer's net worth in Alabama shall be determined...

Section 40-14A-25 - Filing of Returns. - (a) Every taxpayer shall file a privilege tax return, which...

Section 40-14A-26 - Remittance and Disposition of Tax. - The tax levied by this article shall be due at...

Section 40-14A-27 - Dissolution, etc., of Corporations or Limited Liability Entities. - Whenever a corporation or a limited liability entity organized under...

Section 40-14A-28 - Nonexemption From License or Privilege Tax. - The payment of the tax levied by this article shall...

Section 40-14A-29 - Submission of Initial Tax and Report. - (a) By domestic entities. Each corporation, limited liability entity, and...

Article 3 - Shares Tax.

Section 40-14A-31 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Levy of Tax. - (a) There is hereby levied an annual shares tax on...

Section 40-14A-32 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Exemptions. - The tax levied by this article shall not apply to:...

Section 40-14A-33 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Definition of Initial Taxable Shares Base. - (a) Determine the sum of the following as of the...

Section 40-14A-34 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Definition of Taxable Shares Base. - The taxable shares base shall be determined as follows: (a)...

Section 40-14A-35 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Filing of Returns. - (a) Every corporation organized, incorporated, qualified, or registered under Alabama...

Section 40-14A-36 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Remittance and Disposition of Tax. - The tax levied by this article shall be due at...

Section 40-14A-37 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Dissolution, etc., of Corporations. - Whenever a corporation organized or incorporated under the laws of...

Section 40-14A-38 - (Repealed for Taxable Years Beginning on or After January 1, 2002.) Nonexemption From License or Privilege Tax. - The payment of the shares tax levied by this article...

Article 4 - Exemptions.

Section 40-14A-41 - Applicability to Certain Entities Organized Before January 1, 1999. - The taxes levied by this chapter shall not apply to...

Section 40-14A-42 - Applicability to Certain Corporations Under Contract With Department of Economic and Community Affairs. - The taxes levied by this chapter shall not apply to...

Section 40-14A-43 - Applicability to Organizations Under 26 u.s.c.a. &Sect;501(a). - The taxes levied by this chapter shall not apply to...