2006 Alabama Code - Section 10-8A-1108 — Composite returns.

The Alabama Department of Revenue shall promulgate rules and regulations similar to those provided under Section 40-18-176 (relating to Alabama S corporations) to permit the filing of annual composite income tax returns for one or more nonresident partners (who are individuals) of a partnership, registered limited liability partnership or qualified foreign limited liability partnership, as well as one or more nonresident members (who are individuals) of a limited liability company or foreign limited liability company and one or more nonresident beneficiaries (who are individuals) of a business trust, organized under or recognized by the laws of this state.

(Acts 1996, No. 96-528, p. 685, §1.)