reglab/housing_qa huggingface dataset:
AL Code § 40-14B-22 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 14B - Certified Capital Company; Premium Tax Credit.|Section 40-14B-22 - Allocation of Additional Tax Credits.

Section 40-14B-22Allocation of additional tax credits. (a) Subject to, and in accordance with, this chapter, there shall be a second allocation of premium tax credits to investors who contribute certified capital after June 14, 2007, to certified capital companies in an amount equal to the total pool of tax credits allocated pursuant to this chapter prior to June 14, 2007. Any limitations on the amount of certified capital that may be requested by a certified investor contained in this chapter shall be calculated with respect to this allocation without regard to any certified capital requested or invested by such investor prior to June 14, 2007. The Alabama Development Office shall promulgate rules to insure the certified capital program shall be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity of the state. (b) A certified investor who contributes certified capital in connection with the second allocation may take up to a maximum of five percent of the vested premium tax credit against its tax liability for any tax year of the certified investor, beginning in the second tax year after the investment. Provided, however, that for any tax beginning on or after January 1, 2014, a certified investor may take up to 17.5 percent of the vested premium tax credit until the tax credits taken by such investor equal 100 percent of the certified investor's certified capital. (c) The Alabama Development Office shall administer this chapter and shall adopt such rules as necessary to implement this chapter, including the second allocation provided in subsection (a) no later than the 180th day after June 14, 2007, and shall begin accepting applications with respect to the additional allocation of certified capital no later than 90 days thereafter. (d) Notwithstanding any provision of this section to the contrary, the granting of any credits against the insurance premium tax shall not affect the insurance premium tax receipts of the Education Trust Fund which is provided for in Section 27-4A-3. (Act 2002-429, p. 1108, §22; Act 2007-472, p. 993, §§1, 2.)
AL Code § 40-15-1 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-1 - Meaning of "Executor," "Administrator" or "Legal Representative".

Section 40-15-1Meaning of "executor," "administrator" or "legal representative". The terms "executor," "administrator" and "legal representative," used interchangeably in this chapter, shall be held to mean the executor or administrator or trustee or legal representative of the decedent whose estate is subject to an estate tax under this title. In the event no executor or administrator is appointed and qualified, then the term "executor" as used herein shall be held to mean any person in actual or constructive possession and acting for any estate subject to tax under this chapter. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §433.)
AL Code § 40-15-2 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-2 - Amount of Tax.

Section 40-15-2Amount of tax. Subject to the exception hereinafter stated, there is hereby levied and imposed upon all net estates passing by will, devise or under the intestate laws of the State of Alabama, or otherwise, which are lawfully subject to the imposition of an estate tax by the State of Alabama, a tax equal to the full amount of state tax permissible when levied by and paid to the State of Alabama as a credit or deduction in computing any federal estate tax payable by such estate according to the act of Congress in effect, on the date of the death of the decedent, taxing such estate with respect to the items subject to taxation in Alabama. The tax hereby imposed shall not exceed in the aggregate amounts which may by any law of the United States be allowed to be credited against or deducted from such federal estate tax. The estate tax hereby levied shall be levied only so long as and during the time an inheritance or estate tax is enforced by the United States against Alabama inheritances or estates and shall only be exercised or enforced to the extent of absorbing the amount of any deduction or credit which may be permitted by the laws of the United States now existing or hereafter enacted to be claimed by reason thereof as a deduction or credit against such similar tax of the United States applicable to Alabama inheritances or estates. The rates of taxation, the definition of "net estate" and the methods of arriving thereat shall be as provided in such act of Congress. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §432.)
AL Code § 40-15-3 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-3 - Duplicate of Federal Return Filed by Executor; Computation by Department of Revenue.

Section 40-15-3Duplicate of federal return filed by executor; computation by Department of Revenue. It is hereby made the duty of the executor of the estate of any person who has died a resident of Alabama and upon which estate the tax imposed under any federal revenue act has not been paid, and the executor of any person who may hereafter die a resident of this state, and whose estate is subject to the payment of a federal estate tax, to file with the Department of Revenue of Alabama a duplicate of all the returns which he is required to make to the federal authorities for the purpose of having the estate taxes determined. When such duplicate return is filed with the Department of Revenue, it shall compute the amount of tax that would be due upon said return as federal estate taxes imposed under any federal act permitting credit of inheritance or estate taxes to the states upon the property of said estate taxable in the State of Alabama and shall assess against said estate as estate tax for the State of Alabama the amount levied and found to be due under the provisions of such act or acts. If, after the filing of any duplicate returns herein required and the assessment of the state estate taxes, upon basis of return made, the federal authorities shall increase or decrease the amount of the federal estate tax, an amended return shall be filed with the Department of Revenue, showing all the changes made in the original return and the amount of increase or decrease in the federal estate tax, and the Department of Revenue shall assess against said estate the additional amount found to be due hereunder. In the event of a decrease in the federal estate tax, the state shall refund to the said estate its proportion of said decrease. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §434.)
AL Code § 40-15-4 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-4 - Time of Payment and Filing Return; Extension of Time.

Section 40-15-4Time of payment and filing return; extension of time. The tax imposed by this chapter shall be paid and the return required by Section 40-15-3 shall be filed on or before nine months after the decedent's death and shall be paid by the personal representative to the Department of Revenue; provided, that where the Department of Revenue finds that the payment on the due date of any part of the amount due would impose undue hardship upon the estate, the Department of Revenue may extend the time for payment of all or any part, not to exceed 10 years from the original due date. In such case the amount or amounts in respect of which the extension is granted shall be paid on or before the dates thus fixed, unless further extended within said limitation as to time. If the time for payment is extended, there shall be collected, in addition to the tax, interest thereon at the legal rate from the original due date of the tax to the date of payment. The Department of Revenue may, in its discretion, accept such security as it may approve for the deferred payments or may release any part of remainder of the estate from any claim or lien for the payment of the tax. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §435; Acts 1983, No. 83-740, p. 1208, §1; Acts 1992, No. 92-186, p. 349, §42.)
AL Code § 40-15-5 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-5 - Amended Return Showing Change in Federal Tax.

Section 40-15-5Amended return showing change in federal tax. In the event that the federal authorities shall, after the filing of the return with the Department of Revenue, increase or decrease the amount of the federal estate taxes as a result of appeal or otherwise, an amended return shall be filed with the Department of Revenue showing all the changes made in the original return and the amount of final increase or decrease in the federal estate tax. If the amended return shall show an increase in the amount of the federal estate tax, the Department of Revenue shall assess against and there shall be payable in respect to said estate any deficiency in the tax theretofore paid or assessed. If the amended return shall show a decrease in the federal estate taxes, the Department of Revenue, on receipt of an appropriate certificate of refund, abatement or recovery, shall forthwith certify the amount of such refund found to be due to such estate to the Comptroller, who, upon receipt of such certificate of refund due, shall issue his warrant for the amount shown in said certificate, payable to the person legally authorized to receive such refund, such payment to be made from the general state funds. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §436.)
AL Code § 40-15-8 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-8 - Location of Property for Purposes of Death Taxation.

Section 40-15-8Location of property for purposes of death taxation. Moneys, credits, securities and other intangible personal property within the state not employed in carrying on any business therein by the owner shall be deemed to be located at the domicile of the owner for purposes of death taxation and, if held in trust, shall not be deemed to be located in this state for purposes of death taxation because of the trustee's being domiciled in this state; provided, that if no other state subjects such property held in trust to death taxation, it may be deemed property having a taxable situs within this state for purposes of death taxation. (Acts 1939, No. 593, p. 965, §1; Code 1940, T. 51, §438(1).)
AL Code § 40-15-9 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-9 - Reciprocity; Effect of Unconstitutionality of Section.

Section 40-15-9Reciprocity; effect of unconstitutionality of section. This chapter shall be effective only as to the property of residents of states which grant to property of residents of Alabama a similar exemption from death taxation. In the event, however, that such reciprocal provision contained in this section shall be declared unconstitutional or invalid, either in part or in whole, then Section 40-15-8 shall continue in full force and effect, it being the legislative intent to exempt the property described in Section 40-15-8 from death taxation notwithstanding any subsequent invalidation of the reciprocal provision herein contained. (Acts 1939, No. 593, p. 965, §2; Code 1940, T. 51, §438(2).)
AL Code § 40-15-12 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-12 - Disposition of Proceeds.

Section 40-15-12Disposition of proceeds. Such amount of money as shall be appropriated for each fiscal year by the Legislature to the Department of Revenue with which to pay the salaries, the cost of operation and the management of the said department shall be deducted, as a first charge thereon, from the taxes collected under and pursuant to Section 40-15-2; provided, that the expenditure of said sum so appropriated shall be budgeted and allotted pursuant to Article 4 of Chapter 4 of Title 41 and limited to the amount appropriated to defray the expenses of operating said department for each fiscal year. The balance of the tax collected under and pursuant to said Section 40-15-2 shall remain in the State Treasury to the credit of the State General Fund. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §441; Acts 1951, No. 939, p. 1606.)
AL Code § 40-15-13 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-13 - Lien of State; Affidavit by Personal Representative of Estate.

Section 40-15-13Lien of state; affidavit by personal representative of estate. (a) The State of Alabama shall have a lien for all taxes and interest thereon which are or may become due hereunder on all property which a decedent dies seized or possessed of subject to taxes under this chapter, in whatever form of investment it may happen to be, and all property acquired in substitution therefor. (b) The personal representative of an estate may execute and record in the county of last domicile of the decedent and wherever the decedent's probate estate is pending, an affidavit certifying that the estate is not taxable or alternatively, an affidavit certifying that the estate is taxable and that the proper copy of the federal estate tax return has or will be filed with the department within the proper time limits as provided by law. The affidavit shall begin by stating that it is being filed in accordance with this section. The content of the affidavit shall include, but not be limited to, the legal name of the decedent, the Social Security number of the decedent, the legal residence, including county, of the decedent, the date of death, whether a federal estate tax return will be filed, and the name and address of the administrator/executor. Assets, which are owned by the estate but held, administered, or maintained by a person other than the personal representative, may be transferred in reliance on the recorded affidavit, and without obtaining an Alabama Estate Tax Waiver, unless they know or should know of the incorrectness of the recorded affidavit. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §442; Act 2001-468, p. 622, §1; Act 2002-516, p. 1330, §1.)
AL Code § 40-15-14 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-14 - Extension of Payment Until Determination of Federal Tax.

Section 40-15-14Extension of payment until determination of federal tax. The tax hereby levied, being based and conditioned upon the levy of a similar tax by the United States, in the event that after due return made the final assessment of the tax or final assessment as to the value of the estate for the purposes of such federal tax shall not have been arrived at when payment would otherwise become due or delinquent hereunder, then and in such event the time for payment of the tax due hereunder shall, on showing being made to the Department of Revenue, be extended until final agreement, determination or assessment of the tax or value of the estate for the determination of the tax shall have been made for the purpose of such federal tax; provided, that the Department of Revenue may demand and require the payment of such amount of the tax as it may determine will not be in excess of the total tax that will be due the State of Alabama under this chapter, as shown by the tax return made, when the final determination of the amount of the assessment of the tax shall have been made for federal tax purposes. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §443.)
AL Code § 40-15-15 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-15 - Assessment of Tax Due.

Section 40-15-15Assessment of tax due. Where appropriate returns are made and information supplied by the legal representative of any estate subject to the tax imposed hereby, the Department of Revenue shall assess the tax due in time to enable such legal representative to make payment of the same and receive credit upon the federal tax. The Department of Revenue may adopt the valuation arrived at by the federal authorities as the basis for the tax hereunder. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §444; Acts 1992, No. 92-186, p. 349, §44.)
AL Code § 40-15-17 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-17 - Property Outside of State.

Section 40-15-17Property outside of state. In the event that the estate of any decedent taxable hereunder shall include property situated outside of the state, the proportion of the federal estate tax leviable hereunder against or in respect to the property of the estate subject to the tax imposed hereby shall be that proportion which the property of the estate within or subject to the tax jurisdiction bears to the gross value of the estate of the decedent not so subject to taxation. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §446.)
AL Code § 40-15-18 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-18 - State and Federal Estate Taxes to Be Paid Out of Estate Property.

Section 40-15-18State and federal estate taxes to be paid out of estate property. Unless the decedent directs otherwise in his or her will, all estate taxes, whether state or federal, payable by reason of the death of the decedent, shall be paid by the executor or other personal representative out of the estate property and shall be a charge against the residue thereof, and the executor or other personal representative shall be under no duty to recover from anyone for the benefit of the estate the pro rata portion of the estate tax attributable to inclusion in the gross estate of any property, including proceeds of policies of insurance upon the life of the decedent receivable by a beneficiary other than the executor or other personal representative, which does not pass to the executor or other personal representative as a part of the estate. This section shall apply to the estate of any decedents who shall die on or after July 26, 1951, and before January 1, 2008, and to the estate of any decedent who dies after December 31, 2007, if the decedent continuously lacks testamentary capacity from January 1, 2008, until the date of death. (Code 1940, T. 51, §449(1); Acts 1951, No. 291, p. 583; Act 2007-283, §13.)
AL Code § 40-15-19 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15 - Estate and Inheritance Tax.|Section 40-15-19 - Administration of Chapter.

Section 40-15-19Administration of chapter. The administration of this chapter is vested in and shall be exercised by the Department of Revenue, which shall prescribe the forms and reasonable rules of procedure in conformity with this chapter for making returns and for ascertainment, assessment and collection of the taxes imposed hereunder. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §447.)
AL Code § 40-15A-1 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15A - Generation-Skipping Transfer Tax.|Section 40-15A-1 - Meaning of "Generation-Skipping transfer."

Section 40-15A-1Meaning of "generation-skipping transfer." Pursuant to this chapter, the term "generation-skipping transfer" shall have the meaning ascribed to it in Section 2611 of the Internal Revenue Code, as amended from time to time. (Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §1.)
AL Code § 40-15A-2 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15A - Generation-Skipping Transfer Tax.|Section 40-15A-2 - Amount of Tax.

Section 40-15A-2Amount of tax. Subject to the exception hereinafter stated, there is hereby levied and imposed upon all generation-skipping transfers occurring after December 31, 1987 that involve property subject to tax pursuant to Section 40-15A-3 hereunder, a tax equal to the full amount of state tax permissible when levied by and paid to the State of Alabama as a credit in computing any federal generation-skipping transfer tax imposed on such transfer according to the act of Congress in effect, on the date of the transfer. The tax hereby imposed shall not exceed in the aggregate amounts which may by any law of the United States be allowed to be credited against such federal generation-skipping transfer tax. The generation-skipping transfer tax hereby levied shall be levied only so long as and during the time a generation-skipping transfer tax is enforced by the United States against Alabama generation-skipping transfers and shall only be exercised or enforced to the extent of absorbing the maximum amount of any deduction or credit which may be permitted by the laws of the United States now existing or hereafter enacted to be claimed by reason thereof as a deduction or credit against such similar tax of the United States applicable to Alabama generation-skipping transfers. The rates of taxation, the method of arriving thereat and the definition of "generation-skipping transfer" and "transferor" shall be as provided in such act of Congress. (Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §2.)
AL Code § 40-15A-3 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15A - Generation-Skipping Transfer Tax.|Section 40-15A-3 - Taxable Property.

Section 40-15A-3Taxable property. The tax imposed by the provisions of this chapter shall be applicable to the following property: (1) Any intangible personal property of a transferor who is domiciled in the State of Alabama (i) as of the date of the transfer, or (ii) as of the date of his death if such transfer occurs after the date of his death, (2) Any tangible personal property and real property of a transferor which is located in the State of Alabama as of the date of the generation-skipping transfer. (Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §3.)
AL Code § 40-15A-4 (2021)
2021 Code of Alabama|Title 40 - Revenue and Taxation.|Chapter 15A - Generation-Skipping Transfer Tax.|Section 40-15A-4 - Payment of Tax Imposed; Property to Which It Is Charged.

Section 40-15A-4Payment of tax imposed; property to which it is charged. (a) The tax imposed by this chapter shall be paid by such individual or entity person as is liable for making payment of the federal generation-skipping transfer tax pursuant to federal law. (b) The tax imposed by this chapter shall be charged to the same property as is designated by federal law for the payment of the federal generation-skipping tax, and if not so provided, then on the same basis and in the same manner as provided in Section 40-15-18 for the payment of estate taxes. (Acts 1988, 1st Ex. Sess., No. 88-837, p. 307, §4.)