Code of Alabama — Title 40 (Revenue and Taxation)
Ala. Code § 40-16-2
Production Credit Associations Taxable Under Chapter
Official textalison.legislature.state.al.us
Production credit associations, incorporated pursuant to the provisions of the act of Congress known as the Farm Credit Act of 1933, are not foreign corporations, and any such association which may become taxable by the state shall be subject to the same taxation imposed upon national banks under the provisions of this chapter, and such associations shall be exempt from all other forms of income, privilege and license taxes imposed by the state.
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In this chapter (15 sections)
- 40-16-1 · Definitions
- 40-16-1.1 · Taxation of Trust as Financial Institution
- 40-16-1.2 · Additional Items Included in Federal Taxable Income; Items…
- 40-16-1.3 · Net Income of Credit Unions
- 40-16-2 · Production Credit Associations Taxable Under Chapter
- 40-16-3 · Returns
- 40-16-3.1 · Extension of Due Date for Taxpayers of Financial…
- 40-16-4 · Levy; Reporting of Tax; Promulgation of Rules
- 40-16-5 · When Tax Due; Extension of Time for Payment
- 40-16-5.1 · Payment of Estimated Financial Institution Excise Taxes
- 40-16-6 · Remittance and Disposition of Tax
- 40-16-8 · Exemptions and Credits
- 40-16-9 · Tax Credits Applied to State Portion of Tax Liability
- 40-16-10 · Computation of Net Income of Financial Institutions
- 40-16-11 · Transition Rules for Financial Institution Excise Tax Reform…