The House of Representatives voted on Tuesday to approve one of a pair of tax-related bills while delaying voting on legislation to raise the state’s internet sales tax.
November 2023 was the first month the city of Mobile collected sales tax from businesses in the newly annexed areas.
Alabama ranks 39th in the nation for its business tax climate, according to a new study released on Tuesday.
Thousands of small businesses in the state will no longer have to pay monthly estimated sales taxes to the Alabama Department of Revenue effective Sunday.
For thousands of years, money was based on precious metals like gold and silver, but in the 20th century, the United States moved away from metal-based currency and toward fiat currency backed only by full faith and trust in the federal government.
Baldwin County is known for tourism with its beautiful beaches and condos along the Gulf Coast. But it is also the highest contributor of sales tax revenue for the state, per capita.
The state sales tax on some groceries would be gradually eliminated under legislation filed on Tuesday.
Alabama House Democrats called for a repeal of the state’s sales tax on groceries on Monday.
Alabama has the fourth-highest state and local combined sales tax rate in the nation in 2023, according to a recent analysis by the Tax Foundation.
Multiple Governors and legislators in states throughout the country are aiming to reduce or eliminate their state’s sales tax on groceries, according to a recent article in Pew Charitable Trusts.
The decision came after weeks of negotiations between Marshall County Schools officials and the mayors of Albertville, Boaz, Guntersville and Arab to devise an alternative plan.
A study released by the Tax Foundation last month on states’ business tax climates shows “which states are serious about competing for labor and capital,” according to a recent editorial by the Wall Street Journal.
Friday begins Alabama's 17th annual Back to School Sales Tax Holiday.
By Brandon Moseley Food prices are climbing, directly impacting Alabama families – particularly the poor and those on fixed incomes....