Credit Limited to Income Tax Liability.

  1. Law
  2. Code of Alabama
  3. Revenue and Taxation.
  4. Income Taxes.
  5. Credits Against State Income Tax Liability.
  6. Credit Limited to Income Tax Liability.

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Section 40-18-137

Credit limited to income tax liability.

The tax credit available to an employer pursuant to this article shall be limited to the amount of the employer's income tax liability for the taxable year as computed without regard to this article.

(Acts 1993, 1st Ex. Sess., No. 93-907, p. 204, §3.)


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