Electric, Hydroelectric, Gas, or Any Other Public Utility - Not to Constitute Part of Gross Receipts for Purposes of Computation of State, County or Municipal Tax, Etc

Official textalison.legislature.state.al.us

The provisions of any state, county or municipal ordinance or law to the contrary notwithstanding, the tax levied and collectible pursuant to Section 40-21-53 shall be deductible from and shall not constitute a part of gross receipts for purposes of computing the amount due under any state, county or municipal tax, excise, license, or fee which is based upon or measured by the gross receipts of any person, firm, municipality, or corporation operating an electric or hydroelectric public utility subject to the tax levied by said section.

Last amended: Acts 1971, No. 1412, p. 2406, §2.

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In this chapter (40 sections)

40-21-17 · Determination of Value; Assessment of Property; Penalizing…
40-21-18 · Evidence and Witnesses Before Department
40-21-19 · Compelling Production of Records, Documents, Etc.; Requiring…
40-21-20 · What Considered in Arriving at Taxable Value of Property
40-21-21 · Franchises and Intangible Property Subject to Taxation
40-21-22 · Proportion of Value or Receipts Within State to Total Value…
40-21-23 · Notice of Valuation Sent by Department
40-21-25 · Determining Tax Value of Franchises and Intangibles
40-21-26 · Local Taxes on Franchises and Intangibles
40-21-27 · Apportionment of Local Taxes
40-21-28 · Entry and Collection of Local Taxes
40-21-29 · Stockholders Not Required to List Shares or Pay Ad Valorem…
40-21-30 · Description of Franchises and Intangibles
40-21-32 · Procuring Information from Other Sources When Taxpayer Fails…
40-21-33 · Duties of Receivers, Assignees or Trustees in Bankruptcy
40-21-34 · Report of Commission to Assessors; Entries by Assessors
40-21-50 · Levied Generally
40-21-51 · Distribution of Revenues Generally
40-21-52 · Freight Lines and Equipment Companies
40-21-53 · Electric, Hydroelectric, Gas, or Any Other Public Utility -…
40-21-54 · Electric, Hydroelectric, Gas, or Any Other Public Utility -…
40-21-55 · Electric, Hydroelectric, Gas, or Any Other Public Utility -…
40-21-56 · Manufacturers and Sellers of Hydroelectric Power
40-21-60 · Express Companies - Generally
40-21-61 · Express Companies - Alternative Tax
40-21-62 · Report of Gross Receipts by Utility
40-21-63 · Receipts from Department
40-21-64 · Counties Not to Levy Privilege or License Taxes
40-21-80 · Definitions
40-21-81 · Legislative Intent
40-21-82 · Levy of Tax; Sourcing of Gross Sales or Gross Receipts from…
40-21-82.1 · Exemptions
40-21-83 · Exclusions. (Amended by Act 2026-595)
40-21-84 · Utility License Required
40-21-85 · Administration of Article and Collection of Tax
40-21-86 · Responsibilities of Utilities
40-21-87 · Disposition of Proceeds of Tax
40-21-88 · Liability of Retailer
40-21-100 · Definitions
40-21-101 · Legislative Intent

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