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AL SB263
Bill
AI Summary
SB263 Summary
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Amends Alabama Code Sections 40-18-27, 40-18-39, and 40-18-42 to align state income tax return filing deadlines with corresponding federal return due dates instead of fixed state-specific dates.
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Changes individual return filing deadline from April 15 to match federal deadline; changes corporate return filing deadline from March 15 or the fifteenth day of the third month to match federal deadline.
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Modifies tax payment due dates for individuals, fiduciaries, and corporations to correspond with the same dates as the filing deadline of the original return.
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Becomes effective for taxable years beginning January 1, 2016 and following.
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Repeals all conflicting laws.
Legislative Description
Income tax, individual and corporate returns, date required to be filed, filed on date for corresponding federal returns, Secs. 40-18-27, 40-18-39, 40-18-42 am'd.
Taxation
Last Action
Assigned Act No. 2016-412.
5/4/2016