LegalFix
Individuals & FamiliesSmall BusinessesNonprofitsEmployersEmployee Benefits BrokersPEOsCredit UnionsMembership GroupsLegal Information
Sign In
  1. /
  2. U.S. State Codes
  3. /
  4. Alabama
  5. /
  6. Title 40 - Revenue and Taxa...
  7. /
  8. Chapter 18 - Income Taxes.
  9. /
  10. Article 6 - Alabama S Corporations.


Article 6 - Alabama S Corporations.


  • Section 40-18-160 - General provisions.
  • Section 40-18-161 - Determination of taxable income.
  • Section 40-18-162 - Determination of tax of shareholder.
  • Section 40-18-163 - Adjustments for services rendered or capital furnished by spouse, etc., of shareholder or beneficiary.
  • Section 40-18-164 - Increase or decrease in basis of shareholder's stock; special rules.
  • Section 40-18-165 - Distribution of property generally.
  • Section 40-18-166 - "Accumulated adjustments account" defined; application generally; "S period" defined; applicability of subdivision (c)(1) of Section 40-18-165 to certain distributions; "affected shareholder" defined.
  • Section 40-18-167 - Applicability of chapter.
  • Section 40-18-168 - "Carryforward" and "carryback" provisions.
  • Section 40-18-169 - Adjustments to earnings and profits.
  • Section 40-18-170 - Circumstances under which corporation treated as partnership; "two-percent shareholder" defined.
  • Section 40-18-171 - Determination of shareholder's pro rata share; "affected shareholders" defined.
  • Section 40-18-172 - "Post-termination transition period" and "determination" defined.
  • Section 40-18-173 - Interpretation of article generally.
  • Section 40-18-174 - Tax imposed on certain built-in gains.
  • Section 40-18-175 - Tax imposed when passive investment income of corporation having subchapter C earnings and profits exceeds 25 percent of gross receipts.
  • Section 40-18-176 - Nonresident shareholder composite returns.
We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
AboutContact UsPrivacyTermsDisclosuresAccessibilitySite Map

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.

Bookish