Alabama § 40-15A-3 Taxable Property

Alabama Statutes

§ 40-15A-3 — Taxable Property

Alabama § 40-15A-3

Title 40Revenue and Taxation

Ch. 15AGeneration-Skipping Transfer Tax

This text of Alabama § 40-15A-3 (Taxable Property) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 40-15A-3 (2026).

Text

The tax imposed by the provisions of this chapter shall be applicable to the following property:

(1)Any intangible personal property of a transferor who is domiciled in the State of Alabama (i) as of the date of the transfer, or (ii) as of the date of his death if such transfer occurs after the date of his death,

(2)Any tangible personal property and real property of a transferor which is located in the State of Alabama as of the date of the generation-skipping transfer.

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The tax imposed by the provisions of this chapter shall be applicable to the following property:
(1) Any intangible personal property of a transferor who is domiciled in the State of Alabama (i) as of the date of the transfer, or (ii) as of the date of his death if such transfer occurs after the date of his death,
(2) Any tangible personal property and real property of a transferor which is located in the State of Alabama as of the date of the generation-skipping transfer.