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2018 Code of Alabama
Title 40 - REVENUE AND TAXATION.
Chapter 18 - INCOME TAXES.
Article 7 - Tax Credits for Projects of New Businesses and Business Expansions.
- Section 40-18-190 - Definitions.
- Section 40-18-191 - Filing with department written statement of intent to claim credit.
- Section 40-18-192 - Effect of compliance with requirements; agreements specifying method by which income generated and allocation of credit.
- Section 40-18-193 - Qualifications for capital credits.
- Section 40-18-193.1 - Applicability to gaming facilities.
- Section 40-18-194 - Entities allowed capital credit.
- Section 40-18-195 - Capital credit not to exceed capital costs of project.
- Section 40-18-195.1 - Capital credits and abatements under 2007 North American Classification System Industry Group 2121.
- Section 40-18-196 - Department to report annually.
- Section 40-18-197 - Department to adopt regulations and to audit companies.
- Section 40-18-198 - Officer to file affidavit with department.
- Section 40-18-199 - State Industrial Development Authority not to grant credits except for certain entities.
- Section 40-18-200 - Entities approved by State Industrial Development Authority prior to January 16, 1995, may elect to receive credit under article.
- Section 40-18-201 - Companies to maintain records; regulations concerning determination of income.
- Section 40-18-202 - Availability of capital credits for new projects after December 31, 1998.
- Section 40-18-202.1 - Availability of capital credits after December 31, 2018.
- Section 40-18-203 - Provisions to govern administration of article.
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