SB2 Alabama 2013 Session

Summary

Primary Sponsor

Bryan Taylor

Republican

Co-Sponsors

Rusty GloverClay ScofieldGreg J. ReedDel MarshTom WhatleyHarri Anne SmithGerald H. AllenPhillip W. WilliamsMark Slade BlackwellBill HoltzclawPaul SanfordJerry L. FieldingPaul BussmanJ.T. WaggonerDick Brewbaker

Session

Regular Session 2013

Title

Sales tax, estimated payments, average monthly tax liability threshold increased, Sec. 40-23-7 am'd.

Description

Under existing law, any taxpayer liable for the payment of state sales taxes whose average monthly tax liability was $1,000 or greater during the preceding calendar year must make estimated monthly payments to the Department of Revenue based on the actual tax liability for the same calendar month of the preceding year.

This bill would increase the average monthly tax liability threshold for a taxpayer to be required to make estimated payments to $2,500 or greater.

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Subjects

Taxation