Code of Alabama - Title 40: Revenue and Taxation - Chapter 8 - Rate of Taxation

• Section 40-8-1 Classification of property; assessment rate
  (a) On and after October 1, 1978, with respect to ad valorem taxes levied by the state, and, unless otherwise provided, with respect to ad...
• Section 40-8-2 Rate of taxation - Established
  The rate of taxation for state purposes shall be sixty-five one-hundredths of one percent per annum on the assessed value of the taxable property within...
• Section 40-8-3 Rate of taxation - Allocation
  There is hereby levied for the purpose and upon the property hereinafter named and not specifically exempted from taxation annual taxes, as follows: (1) For...
• Section 40-8-4 Assessment ratios for purposes of local taxation
  (a) During the ad valorem tax year beginning October 1, 1978, with respect to any ad valorem tax levied by a county, municipality, or other...
• Section 40-8-5 Credit against tax liability for certain taxpayers whose property has been reassessed
  Each taxpayer who was assessed and who paid a higher amount of state, county, or municipal ad valorem tax as a result of the completion...

Last modified: May 3, 2021