Code of Alabama — Title 40 (Revenue and Taxation)
Ala. Code § 40-2A-18
Interest on Final Assessment
Official textalison.legislature.state.al.us
Interest on any final assessment accrues from the date of entry of the final assessment on the total amount of its components including tax, interest, and any penalty, as one lump sum amount. The preceding sentence is a restatement of current law as it applies to interest accrual after final assessment. Notwithstanding any provision of Act 2001-1088, this section shall apply to all open tax years as of the effective date of Act 2001-1088 and for all subsequent tax years.
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In this chapter (20 sections)
- 40-2A-1 · Short Title
- 40-2A-2 · Legislative Intent; Scope; Exclusiveness
- 40-2A-3 · Definitions
- 40-2A-4 · Taxpayers’ Bill of Rights
- 40-2A-5 · Authority to Issue Revenue Rulings
- 40-2A-6 · Government Contract for Examination of Taxpayer’s Records…
- 40-2A-7 · Uniform Revenue Procedures
- 40-2A-8 · Procedures Governing Denial or Revocation of Licenses,…
- 40-2A-8.1 · Appeals Concerning Ownership and Title to a Motor Vehicle…
- 40-2A-9 · Procedures Governing Appeals to the Administrative Law…
- 40-2A-10 · Confidentiality, Disclosure, and Exchange of Tax Returns and…
- 40-2A-11 · Civil Penalties Levied in Addition to Other Penalties…
- 40-2A-11.1 · Civil Penalties for Unethical Tax Preparation Conduct
- 40-2A-12 · Terms of Contracts; Termination; Renewal
- 40-2A-13 · Examination of Taxpayer’s Records; Additional Assessments;…
- 40-2A-14 · Certification of Examiners; Bonding of Private Auditing or…
- 40-2A-15 · Alabama Local Tax Institute of Standards and Training -…
- 40-2A-16 · Reserved
- 40-2A-17 · Allocation , Etc., of Gross Income, Deductions, Etc.,…
- 40-2A-18 · Interest on Final Assessment