ALABAMA DEPARTMENT OF REVENUE

SALES, USE & BUSINESS TAX DIVISION

SALES & USE TAX RULE

 
 

810-6-3-.42.  National Farm Loan Associations.

National farm loan associations are instrumentalities of the United States and are not subject to sales or use taxes on the property purchased by them for use in carrying on any activity they are authorized to engage in by Federal Law. (Authority: 12 U.S.C.A. 931.) (Section 40-23-4(a)(17)) (Readopted through APA effective October 1, 1982)

 
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