August Rule Hearing Public Notice

MEMO Revised Interest Chart Effective July 1

MONTGOMERY— The Alabama Department of Revenue (ALDOR) will hold the following rule hearings on August 9 via web conference. To participate in the upcoming web conference public hearing, please contact the Tax Policy and Governmental Affairs Division at taxpolicy@revenue.alabama.gov or 334-242-1380 to obtain the appropriate sign-in information. Rule actions are needed to comply with recent … Read more

ALDOR Announces Extension of Time for Filing the Election to be Taxed at the Entity Level for Certain Pass-Through Entities

MEMO Revised Interest Chart Effective July 1

MONTGOMERY – The Alabama Department of Revenue (ALDOR) is extending the due date for filing the election to be taxed at the entity level for certain pass-through entities to August 15, 2022. ALDOR is taking this action because a number of taxpayers failed to file the required election by the original due date but either … Read more

MEMO Revised Interest Chart Effective July 1

MEMO Revised Interest Chart Effective July 1

MEMORANDUM TO: County Probate JudgesCounty License CommissionersLicense InspectorsOther License Issuing Officials FROM: Alabama Department of RevenueBusiness & License Tax DivisionSeverance & License Section SUBJECT: Revised Interest Chart – Effective July 1, 2022 Attached is the updated interest rate chart as required by Section 40-1-44, Code of Alabama, 1975. Per the Internal Revenue Service, the interest … Read more

NOTICE Extension of Tax Exemptions for Sales of Parts for Refurbishing Certain Aircraft

MEMO Revised Interest Chart Effective July 1

ATTN: All Sellers Making Retail Sales of Aircraft Parts Act 2012-185 provided a tax exemption for the gross receipts from the sale of parts, components, and systems for refurbishing certain aircraft. Act 2013-196 clarified the exemption to include a conforming use tax exemption. The exemption was scheduled to expire on May 30, 2022, unless extended … Read more