Proceeds From Sale, etc., of Lease Plan Exempt From Transient Occupancy Tax.

  1. Law
  2. Code of Alabama
  3. Professions and Businesses.
  4. Real Estate Brokers.
  5. Vacation Time-Sharing Plans.
  6. Proceeds From Sale, etc., of Lease Plan Exempt From Transient Occupancy Tax.

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Section 34-27-65

Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax.

The proceeds from the sale or resale of any vacation time-sharing lease plan shall be exempt from the Transient Occupancy Tax imposed by Section 40-26-1.

(Acts 1983, No. 83-670, p. 1035, §16.)


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