Alabama Code 40-18-21. Credits for taxes paid on income from sources outside the state and for job development fees
Current as of: 2024 | Check for updates
|
Other versions
Attorney's Note
Under the Alabama Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
Violation | up to 30 days | up to $200 |
Terms Used In Alabama Code 40-18-21
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- property: includes both real and personal property. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1