Tax Credits for Projects of New Businesses and Business Expansions.

  1. Law
  2. Code of Alabama
  3. Revenue and Taxation.
  4. Income Taxes.
  5. Tax Credits for Projects of New Businesses and Business Expansions.

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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.