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AL SB74
Bill
Status
1/14/2014
Primary Sponsor
Bryan Taylor
Click for details
AI Summary
SB74 Summary
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Creates a new independent Alabama Tax Appeals Commission to hear tax disputes, replacing the Department of Revenue's Administrative Law Division, with full operation beginning October 1, 2014.
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Expands "innocent spouse" relief and aligns Alabama's Taxpayers' Bill of Rights with federal law regarding penalties, fraud determinations, and taxpayer protections during audits and appeals.
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Increases penalties for negligence (from 5% to 20%), fraud (from 50% to 75%), and frivolous returns or appeals (from $250 to $500), consistent with federal law.
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Requires taxpayers to file amended state income tax returns within 180 days of federal audit changes and extends the statute of limitations to six years for corporate income tax when taxpayers omit over 25% of taxable base.
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Extends the appeal period from 30 to 60 days for taxpayers to file appeals of preliminary and final tax assessments.
Legislative Description
Taxpayers' Bill of Rights, Uniform Revenue Procedures Act, broader "innocent spouse" relief, taxpayer appeals, revenue rulings from Department of Revenue, Alabama Tax Appeals Commission, Secs. 40-2A-3, 40-2A-4, 40-2A-5, 40-2A-7, 40-2A-8, 40-2A-11, 40-18-27 am'd.; Sec. 40-2A-9 repealed; Secs. 40-2B-1 to 40-2B-25, inclusive, added
Revenue Department
Last Action
Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability
1/14/2014