Section 40-18-33 - Corporate income tax - Taxable income.

AL Code § 40-18-33 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

In the case of a corporation subject to the tax imposed by Section 40-18-31, the term "taxable income" means federal taxable income without the benefit of federal net operating losses plus the additions prescribed and less the deductions and adjustments allowed by this chapter and as allocated and apportioned to Alabama.