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2018 Code of Alabama
Title 40 - REVENUE AND TAXATION.
Chapter 23 - SALES AND USE TAXES.
Article 1 - Sales Tax.
Division 1 - General Provisions.
Section 40-23-8 - Cash sales and credit collections to be reported.
Universal Citation: AL Code § 40-23-8 (2018)
Section 40-23-8Cash sales and credit collections to be reported.
Any person taxable under this division, having cash and credit sales, may report such cash sales, and the taxpayer shall thereafter include in each monthly report all credit collections made during the month preceding, and shall pay the taxes due thereon at the time of filing such report, but in no event shall the gross proceeds of credit sales be included in the measure of the tax to be paid until collections of such credit sales shall have been made.
(Acts 1959, 2nd Ex. Sess., No. 100, p. 298, §6.)
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