Article 1 Admission of Foreign Corporations.
Qualification of foreign corporation.
Statement filed with Department of Revenue.
Payment of admission fee but once.
Qualification of foreign corporation to do business in state; payment of interest and penalties.
Article 2 Permits.
How statements made.
Article 3 Franchise Tax.
(Not Effective After December 31, 1999) Amount of levy on domestic corporations.
(Not Effective After December 31, 1999) Levy on foreign corporations.
Corporations merged or consolidated.
Remittance of tax.
Written Statement to Department of Revenue - Filing.
One-half year tax.
Calendar year tax.
Reports to department to be made upon blanks.
Dissolution of corporations.
Does not affect privilege license tax.
Domestic corporations - Franchise tax return due within 10 days of incorporation.
Foreign corporations - Franchise tax return due within 10 days of qualification.
Money collected paid into Treasury.
Receivership or trusteeship.
Promulgation of rules and regulations to administer and enforce taxes.
Article 4 Taxation of Corporate Shares of Stock.
Assessment and collection.
Issuance of conforming regulations by Department of Revenue.
How returns of corporations made; effect of failure to file returns.
Corporations paying tax need not file list of shareholders.
Provisions not applicable to exempted corporations.
Article 5 Alabama S Corporations.