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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-14-40

(Not Effective After December 31, 1999) Amount of Levy on Domestic Corporations

Official textalison.legislature.state.al.us

Every corporation organized under the laws of this state, except strictly benevolent, educational, or religious corporations, shall pay annually to the state an annual franchise tax based on its capital stock as follows:
For the tax year beginningRate on each $1,000 of capital stock January 1, 1984$10 And all tax years thereafter$10 provided that in no event shall the amount paid by any corporation for annual franchise tax be less than the sum of $50.

Last amended: Acts 1935, No. 194, p. 256; Code 1940, T. 51, §347; Acts 1955, 2nd Ex. Sess., No. 74, p. 191, §1; Acts 1971, 1st Ex. Sess., No. 103, p. 184, §1; Acts 1983, No. 83-745, p. 1233, §1.

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In this chapter (27 sections)
  1. 40-14-1 · Qualification of Foreign Corporation
  2. 40-14-2 · Statement Filed with Department of Revenue
  3. 40-14-3 · Payment of Admission Fee but Once
  4. 40-14-4 · Qualification of Foreign Corporation to Do Business in State;…
  5. 40-14-21 · Foreign Corporations
  6. 40-14-22 · Domestic Corporations
  7. 40-14-23 · How Statements Made
  8. 40-14-40 · (Not Effective After December 31, 1999) Amount of Levy on…
  9. 40-14-41 · (Not Effective After December 31, 1999) Levy on Foreign…
  10. 40-14-42 · Corporations Merged or Consolidated
  11. 40-14-43 · Remittance of Tax
  12. 40-14-44 · Written Statement to Department of Revenue - Filing
  13. 40-14-46 · One-Half Year Tax
  14. 40-14-47 · Calendar Year Tax
  15. 40-14-48 · Reports to Department to Be Made Upon Blanks
  16. 40-14-49 · Dissolution of Corporations
  17. 40-14-52 · Does Not Affect Privilege License Tax
  18. 40-14-53 · Domestic Corporations - Franchise Tax Return Due Within 10…
  19. 40-14-54 · Foreign Corporations - Franchise Tax Return Due Within 10…
  20. 40-14-55 · Money Collected Paid into Treasury
  21. 40-14-56 · Receivership or Trusteeship
  22. 40-14-58 · Promulgation of Rules and Regulations to Administer and…
  23. 40-14-70 · Assessment and Collection
  24. 40-14-71.1 · Issuance of Conforming Regulations by Department of Revenue
  25. 40-14-72 · How Returns of Corporations Made; Effect of Failure to File…
  26. 40-14-73 · Corporations Paying Tax Need Not File List of Shareholders
  27. 40-14-74 · Provisions Not Applicable to Exempted Corporations
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