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HB201 Alabama 2015 Session

Updated Jul 24, 2021
HB201 Alabama 2015 Session
House Bill
In Committee
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Session
Regular Session 2015
Title
Taxation, financial institution excise tax, repeal of sales tax credit allowed, Sec. 40-16-8 repealed
Description

Under current law, taxpayers subject to the financial institution excise tax are allowed a credit for sales and use taxes paid by the financial institution.

This bill would repeal the sales tax credit allowed on the financial institution excise tax return.

Subjects
Taxation

Bill Actions

H

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Documents

Source: Alabama Legislature