SB6 Alabama 2014 Session

Updated Jul 24, 2021

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.
Subjects: Taxation

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund