SB6 Alabama 2014 Session

Summary

Primary Sponsor

Mark Slade Blackwell

Republican

Session

Regular Session 2014

Title

Entities, dormant, exempt from business privilege tax, Sec. 40-14A-44 added

Description

Under existing law, the state levies a privilege tax on every entity doing business in Alabama or organized, incorporated, qualified, or registered under the laws of Alabama. Certain entities are exempt from the tax.

This bill would add Section 40-14A-44 to the Code of Alabama 1975, to exempt certain dormant entities from the privilege tax.

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Subjects

Taxation