Flag_of_Alabama.svg
An official website of the Alabama State government.

The .gov means it's official

Government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on an official government site.

The site is secure

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

The .gov means it's official

Government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on an official government site.

The site is secure

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Revised Privilege License Interest Rate Factor

Category
Related Division
Posted: September 12, 2017

MEMORANDUM
TO: County Probate Judges
County License Commissioners
License Inspectors
Other License Issuing Officials
FROM: Alabama Department of Revenue
Business & License Tax Division
Severance & License Section
SUBJECT: Revised Interest Chart – Effective October 1, 2017
Attached is the updated interest rate chart as required by Section 40-1-44, Code of Alabama, 1975. Per the Internal Revenue Service, the interest rate remains at 4 percent for the upcoming license year. Please destroy any previous charts issued and feel free to make copies to share, as needed. The updated interest chart will be posted on the Department’s webpage at https://www.revenue.alabama.gov/wp-content/uploads/2017/05/interestchart.pdf if you need to refer to it.
If you have any questions, you may contact our office at 334-353-7827.

View News