Statutes, codes, and regulations
Code of Alabama
Title 40 - REVENUE AND TAXATIONChapter 14A - ALABAMA BUSINESS PRIVILEGE AND CORPORATION SHARES TAX OF 1999
Article 4 - EXEMPTIONS
Section 40-14A-42 - Applicability to certain corporations under contract with Department of Economic and Community Affairs

Ala. Code § 40-14A-42

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Current through the 2024 Regular Session.
Section 40-14A-42 - Applicability to certain corporations under contract with Department of Economic and Community Affairs

The taxes levied by this chapter shall not apply to any corporation that is wholly or partially exempt from the franchise tax imposed by former Chapter 14 of this title because it is a party to a contract with the Department of Economic and Community Affairs under the authority of Section 41-23-30.

Ala. Code § 40-14A-42 (1975)

Act 99-665, 2nd Sp. Sess., p. 131, §2.