Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-14A-38 — (Repealed for Taxable Years Beginning on or After January 1, 2002.) Nonexemption from License or Privilege Tax

The payment of the shares tax levied by this article shall not exempt any taxpayer from the payment of any regular license or privilege tax required by law for the engaging in or carrying on any business for which a license or privilege tax is required of individuals, firms, or corporations.

Last amended: Act 99-665, 2nd Sp. Sess., p. 131, §2; Act 2000-705, p. 1442, §2; repealed by Act 2000-705, §12.

Source: official text