Code of Alabama — Title 40 (Revenue and Taxation)
Ala. Code § 40-29B-5
Waiver of Interest and Penalties; Look-Back Periods
Official textalison.legislature.state.al.us
Notwithstanding any provision of law to the contrary, the commissioner shall waive all of the interest and penalties associated with the tax periods for which amnesty is granted. A limited look-back period shall apply separately to each tax type. If the taxpayer has collected any tax without remitting the tax to the department, the look-back period will be extended to include all periods, back to the point of collection.
Source: view the official text
In this chapter (9 sections)
- 40-29B-1 · Short Title
- 40-29B-2 · Definitions
- 40-29B-3 · General Criteria
- 40-29B-4 · Eligibility
- 40-29B-5 · Waiver of Interest and Penalties; Look-Back Periods
- 40-29B-6 · Ineligible Taxpayers
- 40-29B-7 · Amnesty Requirements
- 40-29B-8 · Penalties
- 40-29B-9 · Distribution of Proceeds