It has been a busy year for developments in Alabama state taxation. In this tax alert we review many of the significant developments that have occurred over the last 12 months....more
10/29/2015
/ ABLE Act ,
Ad Valorem Tax ,
Business Taxes ,
Department of Revenue ,
Disability ,
Economic Presence Nexus ,
Financial Institutions ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Limited Liability Company (LLC) ,
Non-Resident Income Taxes ,
Nonprofits ,
Out-of-State Companies ,
Partnerships ,
Property Tax ,
S-Corporation ,
Sales & Use Tax ,
Tax Amnesty ,
Tax Exemptions ,
Trusts
The Internal Revenue Code has provided an incentive under Section 170(h) for charitable conservation gifts. Since at least 2002 there has been an interest in combining through partnership those land owners who may have little...more