Partnertax.ai
Start free trial →

Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-15A-3

Taxable Property

Official textalison.legislature.state.al.us

The tax imposed by the provisions of this chapter shall be applicable to the following property:

# (1)

Any intangible personal property of a transferor who is domiciled in the State of Alabama (i) as of the date of the transfer, or (ii) as of the date of his death if such transfer occurs after the date of his death,

# (2)

Any tangible personal property and real property of a transferor which is located in the State of Alabama as of the date of the generation-skipping transfer.

Last amended: Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §3.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (9 sections)
  1. 40-15A-1 · Meaning of “Generation-Skipping Transfer.”
  2. 40-15A-2 · Amount of Tax
  3. 40-15A-3 · Taxable Property
  4. 40-15A-4 · Payment of Tax Imposed; Property to Which It Is Charged
  5. 40-15A-5 · Duplicate of Federal Returns Filed with Federal Authorities;…
  6. 40-15A-7 · Extenuation of Time for Payment; Payment Demand Not in…
  7. 40-15A-9 · Lien of State
  8. 40-15A-13 · Administration of Chapter
  9. 40-15A-14 · Property Outside of State
Full table of contents →