State Codes and Statutes

Statutes > Alabama > Title40 > Chapter18 > 40-18-15_1

Section 40-18-15.1

Net income taxable income defined - Generally.

For purposes of this chapter, the term "taxable income" or "net income" shall mean "gross income," as defined in Section 40-18-14, less the deductions allowed to individuals by this chapter.

(Act 98-502, p. 1083, §1.)

State Codes and Statutes

Statutes > Alabama > Title40 > Chapter18 > 40-18-15_1

Section 40-18-15.1

Net income taxable income defined - Generally.

For purposes of this chapter, the term "taxable income" or "net income" shall mean "gross income," as defined in Section 40-18-14, less the deductions allowed to individuals by this chapter.

(Act 98-502, p. 1083, §1.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title40 > Chapter18 > 40-18-15_1

Section 40-18-15.1

Net income taxable income defined - Generally.

For purposes of this chapter, the term "taxable income" or "net income" shall mean "gross income," as defined in Section 40-18-14, less the deductions allowed to individuals by this chapter.

(Act 98-502, p. 1083, §1.)