§ 25-5-257 — Assessments Deductible as Business Expenses

Alabama § 25-5-257

• Jurisdiction: Alabama
• Title 25: Industrial Relations and Labor
• Ch. 5: Workers’ Compensation
• Art. 9: Alabama Workmen’s Compensation Self-Insurers Guaranty Association

Text

A member may deduct as a business expense for state income tax purposes any assessment levied under Section 25-5-254 in the year such assessments are paid.

Legislative History

(Acts 1989, No. 89-533, p. 1092, §8.)