Alabama Statutes

§ 40-18-22 — Taxpayers Engaged in Multistate Business - Allocation and Apportionment of Deductions and Exemptions

Alabama § 40-18-22
JurisdictionAlabama
Title 40Revenue and Taxation
Ch. 18Income Taxes
Art. 1General Provisions

This text of Alabama § 40-18-22 (Taxpayers Engaged in Multistate Business - Allocation and Apportionment of Deductions and Exemptions) 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 § 40-18-22 (2026).

Text

Taxpayers, including corporations, as well as subchapter K entities and Alabama S corporations, engaged in multistate business in such a manner as to subject their income to allocation and apportionment provided by the Multistate Tax Compact shall allocate and apportion their income, gains, losses, deductions, credits, and exemptions in the manner provided by Chapter 27. This section shall not apply to individuals.

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Legislative History

(Acts 1967, No. 396, p. 999, §1; Acts 1997, No. 97-625, p. 1048, §3; Act 2006-114, p. 173, §2.)

Nearby Sections

15
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Bluebook (online)
Alabama § 40-18-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/40-18-22.