Section 40-18-83.1 Declaration and payment of estimated tax by corporations. - Alabama Statutes

Section 40-18-83.1

Declaration and payment of estimated tax by corporations.

The 1983 amendment to Section 40-18-42 with respect to the requirements for corporations to file declarations of estimated tax and the payments of such estimated tax shall be in effect for all taxable years beginning January 1, 1983 and thereafter. The 1983 amendments to Sections 40-18-80, 40-18-82, and 40-18-83 with respect to the requirements for corporations to file declarations of estimated tax and the payments of such estimated tax shall be effective as follows: For the tax year beginning January 1, 1984 through December 31, 1984 corporations shall be required to file a declaration of estimated tax and pay an amount equal to one-half of the estimated tax. This one-half payment shall be paid in four equal installments as provided in Section 40-18-83. For the tax year beginning January 1, 1985 and all years thereafter, corporations shall be required to file and pay a declaration of estimated tax and pay such tax in accordance with the requirements of Sections 40-18-82 and 40-18-83.

(Acts 1983, No. 83-741, p. 1214, §5.)