Code of Alabama - Title 34: Professions and Businesses - Section 34-27-65 - Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax
Section 34-27-65 - Proceeds from sale, etc., of lease plan exempt from Transient Occupancy Tax.
The proceeds from the sale or resale of any vacation time-sharing lease plan shall be exempt from the Transient Occupancy Tax imposed by Section 40-26-1.