Beginning in 2000, Alabama's franchise tax was eliminated and replaced with the Alabama privilege tax. The privilege tax is imposed annually on all corporations, limited liability entities, and ... |
In Alabama, you're generally free to choose to operate your business as a C corporation, S corporation, |
If you are a resident or non-resident of Alabama and receive taxable income individually from property owned or business transacted in Alabama, you are subject to tax on net income. Therefore, if you ... |