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2017 Code of Alabama
Title 40 - REVENUE AND TAXATION.
Chapter 18 - INCOME TAXES.
Article 1 - General Provisions.
Section 40-18-15.1 - Net income taxable income defined - Generally.
Universal Citation: AL Code § 40-18-15.1 (2017)
Section 40-18-15.1Net income taxable income defined - Generally.
For purposes of this chapter, the term "taxable income" or "net income" shall mean "gross income," as defined in Section 40-18-14, less the deductions allowed to individuals by this chapter.
(Act 98-502, p. 1083, §1.)
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