Under existing law, a municipality may require a business to obtain a local business license that is based on gross receipts
This bill would allow any business paying a municipal business license based on gross receipts to deduct from gross receipts any excise tax imposed by the federal, state, and local governments
Relating to municipalities; to amend Section 11-51-90.1, Code of Alabama 1975, relating to the municipal business license tax; to specify that the definition of gross receipts does not include any excise tax imposed by the federal, state, and local governments.
|March 2, 2021||S||Read for the first time and referred to the Senate committee on Finance and Taxation General Fund|
|Bill Text||SB288 Alabama 2021 Session - Introduced|