Ala. Code § 10A-8A-11.08

Current through the 2024 Regular Session.
Section 10A-8A-11.08 - Taxation of limited liability partnership

A limited liability partnership and a foreign limited liability partnership shall be taxed as a partnership in accordance with Section 40-18-24, as amended from time to time, will file partnership returns as required by Section 40-18-28, as amended from time to time, and shall for all other tax purposes be taxed as a partnership, all being subject to the limited liability partnership and a foreign limited liability partnership maintaining its status as a partnership under federal income tax law.

Ala. Code § 10A-8A-11.08 (1975)

Added by Act 2018-125,§ 7, eff. 1/1/2019.