All credits that require pre-certification must be submitted using your MAT Business Income Tax Account. The credits that require pre-certification are:
Coal Credit
Full Employment Act of 2011
Veterans Employment Act – Employer Credit
Veterans Employment Act – Business Start-Up Expense Credit
Qualified Irrigation System / Reservoir System Tax Credit
Alabama Accountability Act Credit – Scholarship Granting Organization (SGO) Portion *
2013 Alabama Historic Rehabilitation Tax Credit
Investment Tax Credit (Alabama Jobs Act) **
Apprenticeship Tax Credit
2017 Alabama Historic Rehabilitation Tax Credit
Railroad Modernization Act of 2019
Alabama Film Rebate
Income Tax Capital Credit ***
*Alabama Accountability Credit –SGO Portion – The process for making contributions to an SGO will be handled in the same manner as in previous years.However, Pass Through Entities (partnerships, S-Corporations and disregarded entities) that pass an Alabama Accountability Act credit through to their members must complete the NEW pre-certification process through MAT after their contribution has been verified by the SGO.
**Investment Credit (Alabama Jobs Act) – The approval of this credit is managed through the Department of Commerce.Once the Department of Commerce has approved the annual certification, the Alabama Department of Revenue will notify the investing company to complete an allocation schedule through MAT.Seehttps://revenue.alabama.gov/tax-incentives/major-tax-incentives/investment-credit/.
***Income Tax Capital Credit – Project Entities must now submit the Annual Report Form AR-PTE through MAT under the tax period in which it will be utilized.Once Form AR-PTE is approved, the Pass Through Entity is required to Submit a Credit Claim Request on MAT to pass the credit to their Member/Partners.Please note the Credit Claim submission will not be processed until the Form AR-PTE has been submitted and approved by Alabama Department of Revenue’s Office of Economic Development.
In Alabama, a resale certificate is officially called a “Sales Tax License”. To get a copy of your Alabama resale certificate or Sales Tax License, you should:
Login to MAT, locate the appropriate tax account, locate and click “Print tax account license” link. If you need help or cannot access your certificate online contact the Alabama Department of Revenue Sales and Use Tax Division for assistance.
Yes. In accordance with Rule 810-6-1-.144.03: All buyers of property for resale purposes are entitled to purchase at wholesale, tax-free, the property they resell as regular course of business when they have secured the sales tax license required by law. This rule also applies to retailers located outside Alabama when they have secured the sales tax license required by law in the state in which they are located.
A credit card transaction fee is a charge added to the regular price of an item by a retailer when the purchaser pays for the item using a credit card. Other names for this fee include swipe fee, credit card surcharge, processing fee, service charge, or convenience fee.
These fees are subject to sales and use tax and should be included in the seller’s gross sales on retail transactions when calculating tax due. Example: A sale of tangible personal property totals $100. The customer pays with a credit card and is charged a $3 credit card transaction fee. The total price of $103, including the credit card transaction fee, is subject to sales and use taxes.
A credit card fee, even if separately stated, is part of the retailer’s cost of doing business, and the entire consideration for the sale of tangible personal property is subject to sales and use taxes.
If a transaction consists of only non-taxable goods or services, the credit card transaction fee is not subject to sales and use taxes. Example: A customer is charged $50 for a haircut. The customer pays with a credit card and is charged a $3 credit card transaction fee. Since the haircut is not subject to sales and use taxes, the corresponding credit card transaction fee is not subject to sales and use taxes.
When trying to complete title applications for vessels that have inches listed on the MSO, please use this Vessel Length Chart for conversion purposes.
Yes, Alabama allows resident individuals to claim a tax credit for income taxes imposed by other states. This credit is claimed on Form 40, Schedule CR. A copy of the other state’s return and a copy of the state Schedule K-1 should be included as documentation of this credit.
If the individual does not file an individual income tax return in the other state or the state provides an exclusion of income, include a proforma return calculating the tax at the other state’s rate and a copy of the state Schedule K-1 as documentation of this credit.
Note: Any Pass-Through Entity tax deducted on the Pass-Through Entity’s federal return, which reduces the taxable income reported on the owner’s K-1, should be added back to compute Alabama taxable income.
No, if the current title is an Alabama ELT there is no cost to print a physical title.
However, once an ELT is printed on physical title paper it can not be printed again. A replacement title application must be applied for if a replacement is needed.
