Ala. Admin. Code r. 810-3-173-.01
Current through Register Vol. 42, No. 12, September 30, 2024
The Alabama law regarding S corporations is substantially similar to federal law regarding S corporations. Therefore, rules and regulations of the Internal Revenue Service interpreting federal S corporation law will be given due consideration in interpreting Alabama S corporation laws to the extent the federal llaw is not inconsistent with Alabama law. See also Rule 810-3-1.1 -.01, Operating Rules.
Author: Ed Cutter, CPA
Statutory Authority: Code of Ala. 1975, §§ 40-2A-7(a)(5), 40-18-57, 40-18-173.
History: Adopted November 13, 1985. Amended: Filed March 31, 2000; effective May 5, 2000.
Ala. Admin. Code r. 810-3-173-.01