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Code of Alabama — Title 40 (Revenue and Taxation)

Ala. Code § 40-18-137

Credit Limited to Income Tax Liability

Official textalison.legislature.state.al.us

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.

Last amended: Acts 1993, 1st Ex. Sess., No. 93-907, p. 204, §3.

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In this chapter (40 sections)
  1. 40-18-100 · Definitions
  2. 40-18-101 · Remedy Additional
  3. 40-18-102 · Collection of Debts by Setoff
  4. 40-18-103 · Procedure for Setoff and Notification of Taxpayer
  5. 40-18-104 · Hearing Procedure
  6. 40-18-105 · Finalization and Notice of Setoff
  7. 40-18-106 · Priority
  8. 40-18-107 · Commissioner May Provide Claimant Agency Information;…
  9. 40-18-108 · Effect of Setoff on Refund
  10. 40-18-109 · Issuance by State Treasurer of Separate Warrants
  11. 40-18-110 · Payment of Fee
  12. 40-18-111 · Income Tax Credit for Storm Shelter Construction
  13. 40-18-120 · Active Solar Energy Tax Credits
  14. 40-18-121 · Passive Solar Energy Tax Credits
  15. 40-18-130 · Legislative Intent
  16. 40-18-131 · Definitions
  17. 40-18-132 · Physicians Qualifying for Credit; Time Limit; Promulgation…
  18. 40-18-133 · Repeal of Incentives
  19. 40-18-135 · Definitions
  20. 40-18-136 · Credit to Employer
  21. 40-18-137 · Credit Limited to Income Tax Liability
  22. 40-18-138 · Rules Regarding Procedures for Approving Education Programs
  23. 40-18-139 · Reimbursement to Employer
  24. 40-18-140 · Contribution Designations
  25. 40-18-141 · Arts Development Fund - Established; Appropriation;…
  26. 40-18-142 · Alabama Nongame Wildlife Program - Legislative Declarations…
  27. 40-18-143 · Alabama Nongame Wildlife Program - Contribution Designation…
  28. 40-18-144 · Alabama Nongame Wildlife Program - Appropriation
  29. 40-18-145 · Alabama Nongame Wildlife Program - Implementation; No…
  30. 40-18-146 · Political Party Defined; Designated Contribution by…
  31. 40-18-147 · Alabama Aging Program
  32. 40-18-148 · Alabama Veterans’ Home Program; Legislative Intent;…
  33. 40-18-149 · Alabama Indian Affairs Commission - Contribution Designation
  34. 40-18-150 · Foster Care Trust Fund - Contribution Designation
  35. 40-18-151 · Alliance for the Mentally Ill of Alabama and Mental Health…
  36. 40-18-152 · Alabama Breast and Cervical Cancer Research - Program…
  37. 40-18-153 · Alabama 4-H Club Foundation, Incorporated
  38. 40-18-154 · Alabama Military Support Foundation, Inc. - Contribution…
  39. 40-18-155 · Alabama Firefighters Annuity and Benefit Fund
  40. 40-18-156 · Alabama Veterinary Medical Foundation for the Spay-Neuter…
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