Alabama § 40-18-14.3 Gross Income - Discount and Interest

Alabama Statutes

§ 40-18-14.3 — Gross Income - Discount and Interest

Alabama § 40-18-14.3

Title 40Revenue and Taxation

Ch. 18Income Taxes

Art. 1General Provisions

This text of Alabama § 40-18-14.3 (Gross Income - Discount and Interest) 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 § 40-18-14.3 (2026).

Text

Gross income shall include original issue discount determined in accordance with 26 U.S.C. §§1271 to 1275, inclusive, and interest or other income determined in accordance with 26 U.S.C. §7872, related to certain related party loans, tax avoidance loans, etc. with below-market interest rates.

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