Alabama SB 250: Corporate income tax rate and financial institution excise tax rate, decreased, apportionment factor for corporate income tax rates revised, State income tax decoupled from fed. Tax Cuts and Jobs Act, electing pass-through entities, taxed at entity level, Ala. Business Tax Competitiveness Act, Secs. 40-16-1.2, 40-16-4, 40-18-31, 40-18-34, 40-18-35, 40-27-1 am'd.
Status: Finance and Taxation Education first Substitute Offered (as of 2020-05-05)
State: Alabama · Session: 2020rs · Bill: SB 250
Subjects: Taxation
Sponsors: Roberts
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