Alabama § 40-29B-5 Waiver of Interest and Penalties; Look-Back Periods

Alabama Statutes

§ 40-29B-5 — Waiver of Interest and Penalties; Look-Back Periods

Alabama·Title 40 Revenue and Taxation·Ch. 29B Alabama Tax Delinquency Amnesty Act of 2018

Notwithstanding any provision of law to the contrary, the commissioner shall waive all of the interest and penalties associated with the tax periods for which amnesty is granted. A limited look-back period shall apply separately to each tax type. If the taxpayer has collected any tax without remitting the tax to the department, the look-back period will be extended to include all periods, back to the point of collection.

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Notwithstanding any provision of law to the contrary, the commissioner shall waive all of the interest and penalties associated with the tax periods for which amnesty is granted. A limited look-back period shall apply separately to each tax type. If the taxpayer has collected any tax without remitting the tax to the department, the look-back period will be extended to include all periods, back to the point of collection.

Alabama § 40-29B-5 (Waiver of Interest and Penalties; Look-Back Periods) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.