{"data":{"id":"us-al/ala.-code-40-14-40","jurisdiction":"us-al","citation":"Ala. Code § 40-14-40","heading":"(Not Effective After December 31, 1999) Amount of Levy on Domestic Corporations.","body":"Every corporation organized under the laws of this state, except strictly benevolent, educational, or religious corporations, shall pay annually to the state an annual franchise tax based on its capital stock as follows:\nFor the tax year beginning | Rate on each $1,000 of capital stock\nJanuary 1, 1984 | $10\nAnd all tax years thereafter | $10\nprovided that in no event shall the amount paid by any corporation for annual franchise tax be less than the sum of $50.","path":["Title 40 Revenue and Taxation.","Chapter 14 Corporations.","Article 3 Franchise Tax."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=40-14-40","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"1e227d6d6da483fbf7ec497d115db20124456b42ce8c6554980beaba93150fae","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-40-14-23","next":"us-al/ala.-code-40-14-41"},"notice":"GroundRules: Original legal text. Not legal advice."}